Freddie Mac Quarterly Forecast: As the Economy Recovers, the Housing Market Remains Healthy While Mortgage Rates Move Up
Mortgage Ledger Staff2021-04-14T17:02:07-04:00According to Freddie Mac’s (OTCQB: FMCC) Quarterly Forecast, mortgage rates will continue to move up with the 30-year fixed-rate mortgage averaging just above three percent through the end of 2021.
“As the economy continues
Mortgage Applications Decrease in Latest MBA Weekly Survey
Mortgage Ledger Staff2021-04-14T16:54:27-04:00Mortgage applications decreased 3.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 9, 2021.
The Market Composite Index, a measure of mortgage loan application volume, decreased 3.7
New Jersey Man Sentenced for Real Estate Fraud Scheme
Mortgage Ledger Staff2021-04-13T13:09:06-04:00The defendant stole down payments for homes from two different families
Acting United States Attorney Jennifer Arbittier Williams announced that Stephen Sharkey, 51, of Swedesboro, NJ, was sentenced to four years and one month
Rents Grow Faster for the First Time in Eight Months
Mortgage Ledger Staff2021-04-13T13:05:44-04:00Declines persist in the nation’s tech hubs with rents down 14% from last year in Silicon Valley
After eight months of consistent slowdowns, rent growth in the nation’s largest housing markets saw its first uptick in March, rising 1.1% year-over-year, according
Truework Partners with Gusto, Giving Small Business Employees Access to Instant Income Verifications
Mortgage Ledger Staff2021-04-13T13:00:06-04:00Exclusive partnership gives employees on the Gusto platform control over their payroll data, enabling lenders, landlords and others to verify employees instantly
Truework, the consumer-driven income verification platform, today announced an
CoreLogic Reports US Mortgage Delinquency Rates Fall for Fifth Consecutive Month; The Lowest Levels Seen Since the Start of the Pandemic
Mortgage Ledger Staff2021-04-13T12:54:13-04:00As overall levels continue to recede, early and adverse-stage delinquencies remain below pre-pandemic rates.
MIG Market Watch, Week of April 12th, 2021
Mortgage Ledger Staff2021-04-12T11:25:57-04:00Mortgage bond prices finished the week higher which put downward pressure on rates. Rates were flat Monday morning despite factory orders weakness. Orders fell 0.8% vs the expected 0.7% decline. The Fed continued their massive MBS billion-dollar daily purchases. Most
Zillow on Great Place to Work® and Fortune 2021 List of 100 Best Companies to Work For®
Mortgage Ledger Staff2021-04-12T11:22:14-04:00Zillow receives high marks for advancing policies and benefits that ensure equality, flexibility and support for employees and their families during the COVID-19 pandemic
Ranking comes as Zillow plans to hire 2,000 people in 2021, growing its workforce by
NY Department of Financial Services Enforces First-in-the-Nation Cybersecurity Rules and Fines Mortgage Lender $1.5 Million for Failure to Comply
Mortgage Ledger Staff2021-04-12T11:20:41-04:00In March 2017, New York State’s Department of Financial Services (“DFS”) implemented the nation’s first cybersecurity rules requiring all regulated entities, such as banks, insurers, financial businesses, and regulated virtual currency operators, to fortify their cybersecurity protocols by implementing and