Tag Archives: Banking & Lending

Black Knight expanding services it provides to growing mortgage broker segment

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Cloud-based loan origination system, LoanCatcher, touted as providing the same level of technology employed by nation’s largest lenders. Continue reading →

Foreclosure rate falls to 22-year low with every US state tallying declines

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The foreclosures rate fell to 0.2 percent in June 2021 from 0.3 percent the previous year, according to data released Tuesday from CoreLogic. Continue reading →

Wells Fargo fined over mortgage loan modification practices

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Wells Fargo has agreed to pay a $250M fine after an investigation by federal banking regulators found fault with its practices for helping homeowners with mortgage problems. Continue reading →

Rates for 15-year mortgages continue slow rise from prior lows

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Mortgage rates have remained largely unchanged in recent weeks, aside from a gradual rise in rates for 15-year loans. Continue reading →

Mortgage rates cap off their most stable month of 2021 so far

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Rates for 30-year mortgages barely budged over the last month, even as lenders sifted through new statements from Federal Reserve officials. Continue reading →

Investor-focused LendingHome to rebrand as ‘Kiavi’

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The company focuses on lending for investors who plan to rent out or flip their properties. The new name is a reference to the word for “key” in Italian. Continue reading →

Lenders hold firm on mortgage rates after Fed dust settles

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Minutes released last week from the July 27-28 meeting of a Federal Reserve committee that sets monetary policy revealed that most members are open to tapering bond purchases the Fed makes to stimulate the economy by the end of this year. Continue reading →

Ahead of Fed tapering reveal, mortgage lenders kept rates steady

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Low mortgage rates that had risen off a strong jobs report remained unmoved earlier this week, according to Freddie Mac’s lender survey. Continue reading →

Mortgage lenders deal more purchase loans amid fewer refis

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The latest numbers from Attom Data Solutions show that mortgage lenders issued more purchase loans in the second quarter of the year, but lost ground on the refinancing side. Continue reading →