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Mortgage Compliance - Banking Exchange
Mortgage Rates Impacting Home Sales
Mortgage rates moved demonstrably higher last week
Strong Week for Markets, Housing Data May Be Better Than Reported
Three-day winning streak after less anxiety from trade fears
Cash-Out Mortgage Refinance Borrowers use money to pay off debts
Cash-out borrowers used money to pay down credit card debt and auto loans
Lending Market Set to Open Up Even Before 0.5% Interest Rate Cut
Fixed-rate mortgages moved even lower this week
Real Estate Market Showing Hopeful Signs for Lenders
Industry has reason for optimism with previously owned homes rising by 1.3% in July
FHA Permanently Removes Face-to-Face Meeting Requirement for Defaulted Borrowers
Making permanent a key Covid-era change
Euro-Zone Reports First Loan Demand Increase Since 2022
Demand for housing loans increase by 16%
CFPB Urges Banks Help Struggling Homeowners Over Foreclosing
New proposal would also reduce paperwork burdens
Metro Bank Restores Plan to Sell Mortgage Loans
British bank expected to sell between £3 billion and £4 billion of loans to raise capital
CFPB Proposes Ban of Medical Bills on Credit Reports
CFPB estimates the proposed rule will result in 22,000 additional mortgage approvals
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