A Snapshot of the Mortgage Market

A Snapshot of the Mortgage Market

Recent data from the Home Mortgage Disclosure Act illustrates progress in the mortgage market. Loan denial rates are decreasing; loan originations
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UPDATE 3-RBC sees slowing mortgage growth due to tougher rules

TORONTO, Aug 22 (Reuters) – Royal Bank of Canada expects its mortgage sales growth to slow in the second half as tougher lending rules
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This Ontario mayor is lending his home to Syrian refugees

This Ontario mayor is lending his home to Syrian refugees. Mayor Eric Duncan explains why he lent his home for 5 months to a family of Syrian
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These 4 Deaths Will Revolutionize the Middle East

There is now a consensus that any political transformation of the Middle East — a long-cherished goal of both U.S. policymakers and millions who live
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Mortgage Applications Rise After 4 Weeks of Declines

Mortgage loan rates remained unchanged last week, with the 30-year fixed rate loan ending the week at 4.64%, according to Mortgage News Daily.
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Tiger Woods Comeback Draws More Fans to PGA Events

… to expect at The Northern Trust tournament in Paramus, NJ. They speak with Bloomberg's Vonnie Quinn on “Bloomberg Markets: European Close.
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Existing-home sales unexpectedly slump to two-year low

… two years, signaling higher prices and tight supplies continue to squeeze demand, a National Association of Realtors report showed Wednesday.
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Golfer Snedeker Beats Pressure by Focusing on Trophies, Not Cash

… this week's Northern Trust event in Paramus, New Jersey. He speaks with Bloomberg's Vonnie Quinn on “Bloomberg Markets.” (Source: Bloomberg)
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Trump Endorsements No Longer Look Like a Golden Touch

Mikhaila R. Fogel, Susan Hennessey, Quinta Jurecic, Benjamin Wittes at LawFare on the Cohen and Manafort news. 6. And my Bloomberg Opinion
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Yes, Social Network Use Leads to Violence

Distracting news events — reported, of course, mainly by traditional media — tend to reduce hate crime levels, too. Drastic action against hate speech
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What Is a Mortgage Note—and Do You Know Where Yours Is?

“Oftentimes, owner financing can be a form of financing for buyers who experience difficulties obtaining a traditional mortgage loan through a bank,”
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Trump Didn't Consult McGahn About Hush-Money Payments, Source Says

Trump said in an interview with Fox News the payments were “not even a campaign violation” because “they weren't taken out of campaign finance.
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Alterra Adds Three Branches to Build African-American Homeownership

… is 20 percent below the national average,” said Slayton. “Today, less than one percent of all mortgage originators in America are African-Americans.
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Subservicer Review; Note on Chenoa; Upcoming Training and Events

Register for an exclusive webinar presented by the CMBA Mortgage … loan originators and processors will join at the AIME Fuse 2018 National … besides the legal headline news from the Trump Administration, we've had the MBA's
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Trump Denies Cohen's Claims as Scrutiny of Campaign Intensifies

Trump told Fox News on Wednesday that he only learned of the payments “later on.” His statement contradicts a guilty plea Tuesday by Michael
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Tim Cook Is Poised to Reap $120 Million of Stock After Rally

“I don't really think about it,” Cook said in an interview in February, when Bloomberg asked him about the milestone. “I still view Apple as a pretty small
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Why Reverse Mortgage Lenders Should Pay Attention to HUD's Facebook Crackdown

But that can be a problem for any housing-related company — including lenders, real estate agents, and landlords — because of federal protections
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Leveraged-Loan Lovefest Will End in Heartbreak

But that's largely where the good news ends. …. will need all the support it can get, judging by data compiled by Bloomberg News's Lara Wieczezynski.
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Existing-Home Sales Drop for Fifth Straight Month

… according to new data from the National Association of Realtors (NAR). … With mortgage rates stabilizing over the summer, look for housing market
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Trump Learns the Cost of One-Way Loyalty

“I'm going to surround myself only with the best and most serious people. We want top-of-the-line professionals.” — Donald Trump, Aug. 8, 2015.
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