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Mortgage Loan News


The Biden administration on Friday rolled out new measures to prevent seizures linked to the pandemic. The new measures apply to FHA, VA, Fannie Mae, Freddie Mac and USDA loans. According to the Urban Institute, about 75% of new home loans are guaranteed by the federal government. Paula Powers-Watts, executive director of the Credit Counseling …

July 24, 2021 MIAMI AND WASHINGTON, DC MIAMI IS hot, especially if you are selling a house. Home prices are 20% higher than a year ago. And unlike other major US cities, rents are also on the rise (24% year-on-year) as the Magic City absorbs newly posted teleworkers. Ecstatic real estate agents describe a godsend. …

New Report Highlights Areas Today With Best Mortgage Opportunities WASHINGTON, DC, July 21, 2021 (SEND2PRESS NEWSWIRE) – Sales Boomerang, the mortgage industry’s top-rated automated borrower intelligence and retention system, today released its first report on mortgage market opportunities. Refinancing opportunities continue to dominate the market, according to the report, but a promising rise in new …

the latest forbearance and call volume survey Mortgage Bankers Association (MBA) revealed that the total number of loans currently on hold fell to 3.50%, down 26 basis points from 3.76% of agent portfolio volume the previous week . MBA estimates that 1.75 million homeowners are currently on a forbearance plan. The share of Fannie Mae …

With foreclosure restrictions tightening across New South Wales and extending into Victoria, Australian banks have rolled out additional support for affected customers. The country’s largest bank, the CBA, has extended its moratorium on foreclosures, meaning the bank will not evict a delinquent customer until at least February 2022. Assistance offered by Australian banks includes: Mortgage …

we 18:16 GMT 17.07.2021Get a short url The charge on Maxwell’s house has since reportedly been removed from land register documents, it is apparently not clear whether the loan was actually repaid. Ghislaine Maxwell, former partner of disgraced financier and convicted sex offender Jeffrey Epstein, managed to raise a substantial sum of money via a …

Headline-grabbing mortgage rates have increased rapidly in recent weeks. It started with the first less than 1% deal in several years and continued with lenders launching their cheapest home loans ever. As of last week, it was possible to line up for two years at just 0.94%, or to go for five years at just …

Dear President Biden: I was delighted to read your recent executive order promoting competition across America to reduce consumer prices. When it comes to real estate, reducing purchase and refinancing transaction costs as well as improving the accessibility of current payments may be easier than you might think. First, policymakers, regulators, and Congress need to …

June lending activity rebounded after two months of decline heart of the normal home buying season, according to Black Knight. After tumble in april and reach a 13-month low in May, the Originations Market Monitor report showed a monthly increase of 3.9% in volume, with the 5.9% jump in purchasing activity and 9.9%, as cash-out …

WASHINGTON – US consumer borrowing jumped $ 35.3 billion more than expected in May as Americans, buoyed by the reopening economy and rising employment levels, resumed heavy use of credit . The Federal Reserve reported Thursday that credit card, auto and student loans posted strong gains in May. It was the fourth consecutive month of …