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Mortgage Rate Decline Brings Hope to Lending Market

Mortgage Rate Decline Brings Hope to Lending Market

Bank mortgage applications rose by 3% last week for new mortgages
Mortgage Bankers Association Pleads With Fed to Stop Raising Interest Rates

Mortgage Bankers Association Pleads With Fed to Stop Raising Interest Rates

The group of associations also asked for the Fed not to sell its mortgage securities holdings
Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

The office of the Inspector General of the Federal Reserve has published its review of the collapse and made recommendations
At Least We Are Not in Turkey: The Country’s Central Bank Raises Interest Rates to 30%

At Least We Are Not in Turkey: The Country’s Central Bank Raises Interest Rates to 30%

The United States seems to be in better shape relative to the rest of the world
Capital Bank Launches New Lender Finance Group

Capital Bank Launches New Lender Finance Group

Scott Lisman and Thomas Scott have joined the bank to run the group
Unprecedented Housing Market: High Interest Rates, Low Inventory and How It Effects Banks

Unprecedented Housing Market: High Interest Rates, Low Inventory and How It Effects Banks

Year over year housing prices are well over $400,000, an increase of about two percent from last year at this time
Pacific Western Begins $5.7B Loan Sale

Pacific Western Begins $5.7B Loan Sale

Insurance company Fairfax and investment manager Kennedy Wilson take on loan portfolio
Banks Showing Stability, While Mortgage Rates Rise

Banks Showing Stability, While Mortgage Rates Rise

The Federal Reserve has had to weigh multiple economic concerns throughout the first five months of 2023
Republic Bank Exits Mortgage Origination in Lending Overhaul

Republic Bank Exits Mortgage Origination in Lending Overhaul

The Pennsylvania bank incurred heavy losses in Q1, partly as a result of the collapse of Signature Bank
Housing Market Declines in 2022 Fueled by Interest Rates unlikely to Stop

Housing Market Declines in 2022 Fueled by Interest Rates unlikely to Stop

The United States housing market peaked in June of 2022, but then declined by almost 5% in the second half of the year
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