Rising interest rates becomes double-edged sword for mortgage-banker profits

Rising interest rates becomes double-edged sword for mortgage-banker profits

The recent growth of independent mortgage bank profit hit a speed bump when mortgage interest rates started to steadily increase toward the end of
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Bank stocks are telling a different story than bank lending

Lending growth was 5.3% in the 12 months ending February, down from as high as 10.6% in April. Weekly data through March 8 suggests that number
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Lending Specialist – Kenmore (12 Mth Contract)

Lending Specialist – Kenmore (12 Mth Contract). Reporting to the Branch Manager you will provide excellence in customer service while achieving
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AARP supports Senate bill to close predatory lending loophole

AARP Arkansas strongly supports SB658—because less than eight years after payday lenders left Arkansas, we can't afford to let predatory lenders
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DMI Group enters into consumer lending, launches DMI Consumer Credit Pvt. Ltd

Mumbai, Mar 21 (IBNS): The DMI group has recently announced its entry into the consumer finance space with the launch of DMI Consumer Credit
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Negative gearing reforms would hurt banks most: analysis

Mr Mott said a bigger hit to lending could come from APRA requiring banks to check borrowers' tax returns as a form of income validation — as in most
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Countdown to Tax Day

Disclaimer: Lending Club does not provide investment, tax, or legal advice, and this article is not intended as investment, tax, or legal advice. Be sure
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Sydney mortgage holders carrying huge debt loads

This is not the same a Debt Servicing Ratio (DSR), and is less impacted by changes in mortgage rates. It is also a better measure of risk than Loan To
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Real Estate Office Administrator includes Accounting and Bookkeeping

Job Description We are looking for a Market Center Administrator (MCA) for a growing Real Estate Office in Reading, Massachusetts. Accounting and
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BK Global Honored By HousingWire With 2017 HW TECH100™ Award For Innovation

The company today announced that its first-of-its-kind platform was a winner in HousingWire's 2017 TECH100™ competition. It's the only competition
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Mortgage rates fall for Tuesday

Several closely watched mortgage rates declined today. The average rates on 30-year fixed and 15-year fixed mortgages both receded. The average
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FSEGlasgow: Enhanced lifetime mortgages the answer to interest-only time bomb

Enhanced lifetime mortgages can provide a solution to some interest-only borrowers who would otherwise be rejected, Key Retirement technical
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Alterna Bank partners with Lendful on Canada's first “end-to-end” digital mortgage platform

The bank partnered with Vancouver-based Lendful, a consumer lending … While there are other startups in the digital mortgage space like Do Your
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The Great Baby Boomer Retirement Plan: Downsize your life

Baby Boomers are increasingly downsizing to smaller homes or opting out of homeownership entirely in order to prepare for retirement, according to a
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Consumer Lending Relationship Builder

Consumer Lending Relationship Builder We are searching for a Loan Relationship Builder to join our fast-paced Consumer Lending team. In this role
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REM And The mREITs Outperform Treasuries And Mortgage-Backed Agencies

The discounts to book value that many mREITs trade at has narrowed, causing the mREITs to outperform the mortgage-backed agency securities that
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Get ready for intense bidding wars this spring

They're in a rush for financing too. The 30-year fixed-rate mortgage has risen by more than half a percentage point since November 2016. The Federal
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