Refinance Activity Increased in October: Ellie Mae

Refinance Activity Increased in October: Ellie Mae

Refinance activity rose as a share of overall closed loans in October, according to Ellie Mae's Origination Insight Report. Refinances represented 47%
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Bank deposits to increase by 1-2% once stability returns: Moody's

Banks stand to gain the most from the demonetisation efforts due to the impetus it provides for people to enter the formal banking system, according to
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Notable Mover: Time to Buy Zions Bancorp After Today's Huge Decline?

The banks provide a wide variety of commercial and retail banking and mortgage-lending financial services. Commercial loans, lease financing, cash
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MCT Enhances Its Best Execution Services

“Lenders, especially non-bank mortgage companies, need to be acutely aware of their cash needs and balance sheet liquidity, in addition to getting
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Odisha banks asked to engage more banking correspondents

BHUBANESWAR: The State Government today directed commercial banks operating in the state to utilise the services of self-help groups and Bank
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Mortgage rates advance for Wednesday

The average 30-year fixed-mortgage rate is 3.87 percent, up 34 basis points … These types of loans are best for those who expect to sell or refinance
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One Billion-Plus Reasons Why You Should Be Active on Facebook

The number is staggering and potentially career-ending for mortgage lenders … Just by sharing knowledge and relevant news about the mortgage industry … in the July 2016 print edition of National Mortgage Professional Magazine.
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Demonetisation: Massive deposit bonanza for banks pulls down interest rates

MUMBAI: The money flooding into banks as people rush to deposit Rs 500 and Rs 1,000 notes has resulted in such a massive bonanza that it's pulling
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Mortgage Rates Tick Down on Wednesday, as Purchase Activty Falls to January Low

Mortgage rates were lower on Wednesday. The average 30-year mortgage rate dipped to 3.87%, which equates to a $469.95 monthly payment per
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Why FHA Lenders Might Have Less to Fear in a Trump Administration

Meanwhile, the Mortgage Fraud Task Force that has operated during most of the Obama administration is disbanding. “So you won't have this central
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Mortgage Financing Wanted

Looking for $310000 for first mortgage 1 yr term with option for year 2. Have down payment and verifiable income. House is in need of updating,
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Mortgage Rates Spike After Trump's Election—Should You Lock in Yours Now?

Rates climbed nearly 0.2% since the election, to 3.95% for 30-year fixed-rate mortgages of $417,000 or less, according to the Mortgage Bankers
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Inlanta Mortgage Welcomes Chad Gomoll as SVP Business Development

Chad Gomoll comes to Inlanta Mortgage with over 20 years of experience in the area of mortgage lending and financial services. As senior vice
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SRS Fintech Labs launches P2P lending platform

According to industry estimates, the cumulative lending through the P2P lending platform in India is expected to reach Rs 30,000 crore by 2020.
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Bank of England given new powers to curb risky buy-to-let lending

The Bank of England is being handed powers to curb any lax lending in the fast-growing buy-to-let mortgage sector, which it has previously identified
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Mitigation Banking

Mitigation Banking. The U.S. Clean Water Act requires mitigation for the disturbance or elimination of wetland, stream or endangered species habitat.
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Mortgages Slump While Homebuilder Confidence Climbs, Data Show

Financing costs have surged since the Nov. 8 election on speculation President-elect Donald Trump's pro-growth agenda will spark faster inflation.
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How Big a Collateral Risk Are PACE Loans?

The Shops at Crystals, a Las Vegas shopping center, collateralizes several offerings of mortgage bonds. The lenders have consented to future PACE
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A Bank Disrupter Wants to Become…a Bank ​

British peer-to-peer lender Zopa tried to disrupt the banking system. Now it wants to join it. The online lender said Wednesday it is applying for a
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Rental Trends: What to Look For in a Property Management Company

Rental Trends: What to Look For in a Property Management Company … a local property management firm that specializes in residential real estate,
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