Proper Rate, LLC, a joint venture of Guaranteed Rate and @properties, begins originating mortgages today. The new independent retail mortgage lender offers home buyers and owners personalized lending services through a select group of some
The National Association of Realtors® on Monday asked the Department of Housing & Urban Development to withdraw its proposed rule to amend the HUD interpretation of the Fair Housing Act’s disparate impact standard. In the letter(link
The Consumer Financial Protection Bureau (Bureau) today released a report indicating that a credit builder loan could increase the likelihood of establishing a credit record for consumers without one, and could help improve the credit scores of those with no
Mortgage bond prices finished the week higher which put downward pressure on rates. Rates were flat Monday morning but pushed lower that afternoon and generally all the way through Thursday. Some selling pressure emerged the last part of the week
After enduring months of setbacks brought on by the coronavirus pandemic, a new survey from the National Association of Realtors® shows that more than nine in 10 of its members believe they are in the process of recovering as many
The Consumer Financial Protection Bureau (Bureau) released a report today examining recent trends in debt settlement and credit counseling. Many Americans struggle with their debts, especially during times of crisis. Today’s report documents changes over time in how consumers have
Freddie Mac (OTCQB: FMCC) today announced pricing of the second Seasoned Credit Risk Transfer Trust (SCRT) offering of 2020—a securitization of approximately $1.6 billion including both guaranteed senior and unguaranteed subordinate securities backed by a pool of seasoned re-performing
This Zillow Weekly Market Report includes housing market data as of the week ending July 4
Fannie Mae (FNMA/OTCQB) today announced the offering of new issue three-year Benchmark Notes® due July 10, 2023. Fannie Mae’s Benchmark Notes offerings typically price and settle within a few business days of the announcement date.
Mortgage credit availability decreased in June according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool.
The MCAI fell by 3.3 percent to