As scrutiny mounts, mortgage servicers push into lending
July 30 - Mortgage servicers in the United States are evolving into the next big lenders, sidestepping regulatory scrutiny to win business in a gap left by the retreat of big banks from the home-loan market. By writing new mortgages, non-bank servicers ...
Mortgage applications fall in latest week: MBA
NEW YORK (Reuters) - Applications for U.S. home mortgages slipped last week as refinancing applications dropped, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of mortgage application activity ...
Blackstone Mortgage Trust Reports Second Quarter 2014 Results
NEW YORK, July 29, 2014 /PRNewswire/ -- Blackstone Mortgage Trust, Inc. BXMT today reported its second quarter 2014 results. Net income for the second quarter was $33.5 million, or $0.70 per share. Stephen D. Plavin, Chief Executive Officer, said, "BXMT ...
30-Year Fixed Mortgage Rates Rise Slightly; Current Rate is 4.04%, According to Zillow Mortgage Rate Ticker
SEATTLE, July 29, 2014 (GLOBE NEWSWIRE) -- The 30-year fixed mortgage rate on Zillow® Mortgages is currently 4.04 percent, up seven basis points from this time last week. The 30-year fixed mortgage rate steadily rose last week, peaking at 4.17 percent on ...
UK mortgage approvals rise in June for first time since January
LONDON, (Reuters) - British mortgage approvals picked up in June and were stronger than expected after falling for the previous four months while banks introduced more stringent checks on borrowers. The Bank of England said on Tuesday that mortgage ...
Bankrate: Mortgage Rates in Summer Lull
NEW YORK, July 24, 2014 /PRNewswire/ -- Mortgage rates were mixed, showing little in the way of movement this week. The benchmark 30-year fixed mortgage rate slipped to 4.28 percent, according to Bankrate.com's RATE weekly national survey. The average 30 ...
Freddie Mac 2014 Second Quarter Refinance Report
Much of this gain was attributable to home value gains. The average mortgage interest rate reduction in the second quarter was about 1.4 percentage points -- or a savings of about 24 percent. On a $200,000 loan, that translates into interest savings of ...
Mortgage Rates Remain Near Year's Low
30-year fixed-rate mortgage (FRM) averaged 4.13 percent with an average 0.6 point for the week ending July 24, 2014, unchanged from last week. A year ago at this time, the 30-year FRM averaged 4.31 percent. 15-year FRM this week averaged 3.26 percent ...
Fannie Mae Releases New Mortgage Lender Sentiment Survey Results
WASHINGTON, July 24, 2014 /PRNewswire/ -- Fannie Mae today released the inaugural results of its quarterly Mortgage Lender Sentiment Survey. This new industry research initiative tracks insights into current lending activities and market expectations ...
Kofax Launches Mortgage Agility
Kofax® Limited KFX (LSE: KFX), a leading provider of smart process applications for the business critical First Mile™ of customer interactions, today introduced Kofax Mortgage Agility™, a solution designed to radically transform and simplify the ...
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