Loans

Rising Interest Rates Both a Blessing and Curse for Mortgage-Bank Profits
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Rising Interest Rates Both a Blessing and Curse for Mortgage-Bank Profits

While production profits are falling, net servicing financial income is on the rise. More

MBA: Mortgage Apps Drop 2.7%
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MBA: Mortgage Apps Drop 2.7%

Government Refinance Index falls 12%, down to its lowest level since December 2014. More

Doctors Can Get Their Own Kind of Home Loan
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Doctors Can Get Their Own Kind of Home Loan

One lesser-known benefit of becoming a physician is that there is a special... More

California City Offering $40K in Down Payment Assistance for First-Time Buyers
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California City Offering $40K in Down Payment Assistance for First-Time Buyers

Santa Ana ranks among the most expensive housing markets in the nation and is... More

Federal Student Loan Deafults Up Big Last Year
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Federal Student Loan Deafults Up Big Last Year

The number of people who have defaulted on their federal student debt has... More

Concerns About Riskier Mortgages Surface
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Concerns About Riskier Mortgages Surface

Delinquencies on FHA-backed mortgages ticked up recently. More

Fed Suit Against Quicken Loans Moves Forward
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Fed Suit Against Quicken Loans Moves Forward

The government alleges the company ignored “red flags” in dicey home loans that... More

HSBC Announces $4.9B Loan Sale to Credit Suisse
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HSBC Announces $4.9B Loan Sale to Credit Suisse

HSBC’s reduction of its U.S. mortgage business, which began in 2008, took another... More

Renovate America Masked Borrowers’ Debt Issues, Former Employees Say
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Renovate America Masked Borrowers’ Debt Issues, Former Employees Say

PACE lender failed to disclose debt payments to bond investors. More

MBA: Mortgage App Volume Rises 3.3%
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MBA: Mortgage App Volume Rises 3.3%

Average contract interest rates rose across all loan types for the week ending... More

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