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Mortgage Rates Decline, Homeowners “Win” the Election

Mortgage Rates Decline, Homeowners “Win” the Election

Market volatility around the 2020 election is pushing mortgage rates down even lower
5 Examples of Cutting-edge Tools to Reinvent Your Mortgage Tech Stack

5 Examples of Cutting-edge Tools to Reinvent Your Mortgage Tech Stack

Not only does technology provide a better customer experience, but it is proven to create a more efficient and less risky lending process from beginning to end
What the Covid-19 Pandemic Means for Mortgage Defaults

What the Covid-19 Pandemic Means for Mortgage Defaults

Default rates have yet to reflect the economic impact of the pandemic, according to Milliman – but may not be as bad as expected
Scale Up Credit Management Now, Banks Warned

Scale Up Credit Management Now, Banks Warned

With individuals and companies expected to find it increasingly difficult to manage debt, banks need to prepare now, says Accenture
NY Minority Bank Partners with Fintech for Credit, Education App

NY Minority Bank Partners with Fintech for Credit, Education App

Ponce Bank has entered into a partnership with Grain Technology to use its AI-powered credit tools
What the Post-Pandemic Banking Landscape Will Look Like

What the Post-Pandemic Banking Landscape Will Look Like

The PPP and related changes to operations could reshape some areas of the banking sector, says PwC
Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
Banks Grant Millions of Payment Deferrals During Pandemic

Banks Grant Millions of Payment Deferrals During Pandemic

New York-based Signature Bank says roughly 14% of its loan book is seeking to defer payments as the pandemic challenges cashflow
Loan Applications Spike After Fed Rate Cut

Loan Applications Spike After Fed Rate Cut

More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
Banks Cut Lending Rates After Fed Action on COVID-19

Banks Cut Lending Rates After Fed Action on COVID-19

US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
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