Single Women, Minorities Flock To Digital Mortgage Lenders; Here’s How Minority Homebuyers Can Get A...

Digital mortgages are making it easier for single women to buy homes. Studies show that digital,...

discovered 3 weeks ago on Forbes
Opinion | The Fed gambled — and lost

By acting decisively, the Fed apparently hoped to bolster confidence and to stabilize an economy that has been weakened by the coronavirus. It seemed an...

discovered 3 weeks ago on Washington Post
110 Million Boxes of Cheez-Its and Other Things Mike Bloomberg Could Have Bought Instead of Running...

With $500 million — what Mike Bloomberg’s now defunct presidential campaign spent on ads alone — the...

discovered 3 weeks ago on Vice
Mortgage Lenders Are Hiring Like Mad to Handle Demand as Rates Plunge

Executives at four of the nation’s 15 biggest mortgage lenders, already gearing up for a busy 2020,...

discovered 3 weeks ago on Bloomberg via Yahoo Finance
Here's What the Fed's Emergency Interest Rate Cut Means for You

To help the economy withstand the threat from the rapidly spreading coronavirus, the Federal Reserve...

discovered 3 weeks ago on MoneyWise via Yahoo Finance
How the Fed's Surprise Interest Rate Cut May Impact You

This rare move—the last time the Fed cut before a scheduled policy meeting was in 2008 during the...

discovered 3 weeks ago on Zacks via Yahoo Finance
What the virus outbreak means for home loans, mortgage rates

The Federal Reserve cut short-term interest rates by half a percentage point on Tuesday in an effort...

discovered 3 weeks ago on Associated Press via Yahoo Finance
Coronavirus fears create mini mortgage refinance boom

While coronavirus fears last week sent stock investors scrambling for the exits, homeowners pounced...

discovered 3 weeks ago on Yahoo Money
Council Post: The Evolution Of Jumbo Reverse Mortgages

Jumbo reverse mortgages originally derived their name from the fact that they were used almost...

discovered 3 weeks ago on Forbes
Here's how the Fed's surprise interest-rate cut affects mortgages, credit cards and home equity...

The Fed’s surprise rate cut this week will likely trim borrowing costs further on mortgages, home...

discovered 3 weeks ago on USA TODAY via Yahoo Finance
First National to Provide Mortgage Underwriting Processing Services to Manulife Bank

Under the strategic agreement, First National will employ a customized software solution based on its...

discovered 3 months ago on Market Watch
The Federal Reserve wants make it easier to approve personal loans

The agencies’ statement comes as alternative data — which can range from cellphone bills to utility...

discovered 3 months ago on Market Watch
Borrowers Gobble Up Fewer Mortgages at Thanksgiving

As Americans loaded up on turkey and Black Friday deals during Thanksgiving week, they took smaller helpings of mortgages. Borrowing was down last week,...

discovered 3 months ago on MoneyWise via Yahoo Finance
Older borrowers steered away from cheap mortgages into equity release

Rates on lifetime mortgages have fallen, to a low of around 2.7 per cent, but because most borrowers...

discovered 3 months ago on Daily Mail
Gift to Borrowers: Lowest December Mortgage Rates in 7 Years

If you spot an attractive mortgage rate, consider locking it so you won't miss out. Mortgage rates...

discovered 3 months ago on MoneyWise via Yahoo Finance
Stocks jump as November jobs growth blows past forecasts

The Labor Department said employers added 266,000 positions, well above estimates of 184,000. The...

discovered 3 months ago on Associated Press via Yahoo News
Fannie Mae, Freddie Mac will soon let borrowers take out mortgages over $500K

Mac will let mortgage borrowers nationwide take out home loans over $500,000 in 2020. The Federal...

discovered 3 months ago on Market Watch
UK household debts see big increase

Debts excluding mortgages are on the rise in the UK, according to the Office for National Statistics. Debts including credit card debt and personal loans...

discovered 3 months ago on BBC News
United Kingdom First Time Buyer Mortgages Consumer Report 2019: A Higher Percentage of FTBs Yet to...

At the same time, other providers like Halifax and Nationwide Building Society, the two market...

discovered 3 months ago on PR Newswire via Yahoo Finance
How Can Rate-Shopping Affect Your Credit Score? | Bankrate

For a long-term loan, committing to a high interest rate could mean thousands of extra dollars in...

discovered 3 months ago on Bankrate.com
House Flipping

Properties are big-ticket items. Traditional banks and financial institutions are in the business of providing mortgage loans to homeowners for...

discovered 4 months ago on The Motley Fool
Freddie Mac Prices $170 Million Multifamily K-Deal, K-J27

Mac (otcqb:FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) that are backed by underlying collateral consisting of supplemental multifamily

discovered 4 months ago on Market Watch
Caliber's Sal Moschitta: Your mortgage questions answered as rates remain low

The average interest rate for 30-year fixed-rate mortgages with conforming loan balances ($484,350...

discovered 4 months ago on FOX Business
Washingtonpost.com: WashTech

Nobody shouts programming instructions over the partitions. For Freddie Mac, like many businesses, fixing the Y2K problem is a matter of life and death. The company, chartered by Congress but ...

discovered 4 months ago on Washington Post
KBRA Assigns Preliminary Ratings to J.P. Morgan Trust 2019-10 (JPMMT 2019-10)

Morgan Trust 2019-10 (JPMMT 2019-10). J.P. Morgan Mortgage Trust 2019-10 (JPMMT 2019-10) is a prime RMBS transaction comprising 388 residential mortgages with an aggregate ...

discovered 4 months ago on Market Watch
Why Retirees Should Consider Using Reverse Mortgages

Reverse mortgages are loans taken out by homeowners (all at once or over time) with their home as collateral. As opposed to home equity lines of credit...

discovered 4 months ago on Wall Street Journal Blogs
Up-and-Down Mortgage Rates Have Gone Down Again

Mortgage rates have been bouncing their way through November like a kid on a trampoline. Rates on 30-year fixed-rate mortgages have dropped back to an...

discovered 4 months ago on MoneyWise via Yahoo Finance
Buy-to-let repossessions have jumped 40 per cent in one year

Some 800 buy-to-let mortgaged properties were taken into possession in the third quarter of 2019,...

discovered 4 months ago on Daily Mail
Disparity in home lending costs minorities millions, researchers find

A recent analysis of nearly 7 million 30-year mortgages by University of California at Berkeley...

discovered 4 months ago on CBS News
Will Investors And Insurers Sink Or Save Florida?

What’s more, the fate of Florida’s citizens, homes, towns, businesses and overall economy depend on decisions being made right now on 30-year mortgages...

discovered 4 months ago on Forbes
3 Ways To Take Advantage Of Reverse Mortgages

Reverse mortgages can be a great way for retirees to tap the value of their homes while continuing to live there. Matt Sivertsen, a senior financial...

discovered 4 months ago on Forbes
Freddie Mac Prices $703 Million Multifamily K-Deal, K-F72

The approximately $703 million in K Certificates (K-F72 Certificates) are expected to settle on or about November 26, 2019. K-F72 Pricing Details -- Co...

discovered 4 months ago on Market Watch
What Warren Forgets About ‘Shameless’ Profiting in Housing

In many cases, the people who lost their homes were middle-income families who bought in the early...

discovered 4 months ago on Bloomberg
More mortgages handed out to first-time buyers

Some 29,100 new first-time buyer mortgages were secured in September which was 1.6% higher than the same month in 2018.

discovered 4 months ago on MSN News
Facing Real Estate Slowdown, Jeff Greene Regrets Building His Mega-Mansion

From a middle-class background, Mr. Greene built his real-estate business from scratch, starting out...

discovered 4 months ago on The Wall Street Journal
Analysis | The Energy 202: 2020 candidates back bill to test whether big banks can withstand climate...

The Great Recession put millions of homeowners underwater on their mortgages. Now several Democratic...

discovered 4 months ago on Washington Post
This home mortgage disaster is ready to punish housing markets

According to Freddie Mac's quarterly refinance report, borrowers pulled out just under $1 trillion...

discovered 4 months ago on Market Watch
Could The 30-Year Mortgage Be Detrimental To Your Financial Wellness?

Which mortgage loan is best: the 15-year or the 30-year? Prior to the Great Depression, mortgages...

discovered 4 months ago on Forbes
Tunnel to Towers CEO: Taking care of Gold Star families 'should be our contract with America'

“I think we have to have a contract with America, right, with our veterans and when they go to serve the country and they don’t come home. “That should be our contract with America,” Siller ...

discovered 4 months ago on Fox News
BlackRock's Rieder selling U.S. credit, buying mortgages

BlackRock's Rieder selling U.S. credit, buying mortgages

discovered 4 months ago on MSN News
Ex-SolarCity Execs Are Baking Solar Loans Into Mortgages

There’s a new way for homeowners to pay for rooftop solar panels. It’s called a mortgage. Loanpal,...

discovered 4 months ago on Bloomberg
Mortgages hit record low as banks desperately try to pull in customers

Mortgages have hit record low rates in a 'cut-throat' price war. With the election and Brexit...

discovered 4 months ago on Daily Mail
We Could All Feel Pain If Housing Collapses Again

Americans are in debt, and a huge percentage of that debt is in mortgages. According to data from the Federal Reserve, U.S. mortgage debt is a whopping $15 trillion. For comparison ...

discovered 4 months ago on Newsmax
Climate change could end mortgages as we know them

The traditional 30-year home loan — along with city and state budgets — face a grave threat from growing climate risks

discovered 4 months ago on MSN News
A Court Ruling Makes Mortgages Vanish Into Thin Air

The contract stipulated that if CitiMortgage later discovered defects in any of the loans, Equity was required to cure the defects or repurchase the...

discovered 4 months ago on Bloomberg
Subprime Mortgages Keep Minting Cash for Ex-Bear Stearns Banker

Subprime mortgages may have wreaked havoc on the U.S. economy over the past decade, but they have...

discovered 4 months ago on Bloomberg
Exclusive: Retirement interest-only mortgages flop with just 660 sold

Exclusive data obtained by This is Money suggests that not only are people not taking so-called...

discovered 4 months ago on Daily Mail