Mortgage applications decreased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 28, 2021. This week’s year-over-year results are being compared to the week of Memorial
The Federal Reserve Bank of New York said credit scoring systems—which issuers use to determine consumer creditworthiness—may have become less reliable during the pandemic as a result of COVID-19 relief programs, per Bloomberg. The Fed’s analysis found that homeowners
WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (Bureau) filed a lawsuit against LendUp Loans, LLC (LendUp). The Bureau alleges that LendUp violated the Military Lending Act (MLA) in connection with its extensions of credit. LendUp, which has its principal
STATE EMPLOYMENT AND UNEMPLOYMENT -- SEPTEMBER 2020
Unemployment rates were lower in September in 30 states, higher in 8
states, and stable in 12 states and the District of Columbia, the U.S.
Bureau of Labor Statistics
WASHINGTON, D.C. (October 20, 2020) – The Mortgage Bankers Association (MBA) today announced its Board of Directors for the 2021 membership year during MBA’s virtual 2020 Annual Convention & Expo. The Board of Directors will be chaired by Susan Stewart, Chief Executive
Supplemental funding will provide additional resources for HUD-approved housing counseling
WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) today awarded more than $12.5 million in supplemental housing counseling grants. These supplemental grants will support quality housing counseling
State Employment and Unemployment Summary
For release 10:00 a.m. (ET) Friday, September 18, 2020 USDL-20-1737
Employment: firstname.lastname@example.org * www.bls.gov/sae
Unemployment: email@example.com * www.bls.gov/lau
Media contact: (202) 691-5902 * PressOffice@bls.gov
- The number of mortgages in active forbearance programs, where borrowers delay their monthly payments for at least three months, declined by 26,000 last week or 0.7%, according to Black Knight, a mortgage technology and data firm.
- As of Sept.
New York prosecutors wanting to file state mortgage-fraud charges against Paul Manafort say their case is much different from one that sent President Trump’s former campaign chairman to federal