Market Spotlight: Four New Regional Programs for Borrowers
A quartet of new regionally focused programs for current and prospective homeowners have been announced this week. Westerly, Rhode Island-based Washington Trust has expanded its RI Community Lending Program with the addition of I Luv RI Home Improvement Loans as home...
Mortgage Application Activity Drops by 1.3%
Mortgage application volume was down for the week ending Sept. 27, according to new data from the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, decreased 1.3% on a seasonally adjusted basis from...
Rocket Mortgage Partners with Annaly in Mortgage Subservicing Pact
Rocket Mortgage, a part of Detroit-headquartered Rocket Companies (NYSE: RKT), and Annaly Capital Management Inc. (NYSE: NLY), the world’s largest residential mortgage real estate investment trust, have entered into a subservicing agreement where Rocket will handle...
The Agency in New Partnership for Mortgage Lending
The luxury real estate firm The Agency has teamed with the mortgage service provider Barrett Financial Group to create a new mortgage brokerage called Aclara Lending. The new entity will focus on residential purchase lending by offering a range of mortgage products –...
HUD and Ginnie Mae to Host Summit on Mortgage Market Liquidity
The U.S. Department of Housing and Urban Development (HUD) and Ginnie Mae are co-hosting a summit focusing on the impact of mortgage market liquidity on Americans’ access to affordable homeownership. The Mortgage Market Resilience and Access to Credit Summit...
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CMBS DELINQUENCY RATE DROPS BY FIVE BASIS POINTS. Learn more at https://wrenews.com/cmbs-delinquency-rate-drops-by-five-basis-points/
JEF CONN NAMED 2024 BOARD CHAIRMAN OF TEXAS REALTORS. Learn more at https://wrenews.com/jef-conn-named-2024-board-chairman-of-texas-realtors/
MBA’S BROEKSMIT EXPRESSES ‘SIGNIFICANT CONCERN’ OVER PAUSING FORECLOSURES ON VA-GUARANTEED LOANS. Learn more at https://wrenews.com/mbas-broeksmit-expresses-significant-concern-over-pausing-foreclosures-on-va-guaranteed-loans/
