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Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 2 days agoCash-out refinance: With a cash-out refi, you’ll get a brand-new mortgage and cash out some of your...
Rocket Companies Inc (RKT) Q1 2024 Earnings Call Transcript Highlights: Strategic Growth and ...
GuruFocus.com via Yahoo Finance· 3 days ago...digit Market Share: Expanded in both purchase and refinance sectors Net Rate Lock Volume: $22.4 billion Closed Loan...: $20.2 billion Gain on Sale Margin: 311 basis points Operating Expenses: $1.085 billion, roughly flat...Servicing: $346 million Available Cash: $3.5 billion Mortgage Servicing...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 3 days agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the ...
MBA: Mortgage Applications Decreased in Weekly Survey
Calculated Risk· 4 days agoMortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage ...
2023: A Terrible, Horrible, No Good, Very Bad Year For Mortgage Bankers
National Mortgage Professional· 6 days agoLast week the Mortgage Bankers Association (MBA) released its Annual Mortgage Bankers Performance Report for 2023, showing 36% of reporting institutions ...
Fannie Mae profits grow to $4.3B in Q1 2024
HousingWire via Yahoo Finance· 5 days agoDespite the struggles of its independent mortgage bank counterparties, Fannie Mae delivered $4.3 billion in net income during the first quarter of the...
Cantor’s Howard Lutnick says Fed will ‘show off’ with one rate cut in September
Market Watch· 4 days agoA third of maturing commercial real-estate loans are ‘totally underwater,’ Lutnick says
Rocket delivers $291M profit amid improved margins and MSR acquisitions - HousingWire
HousingWire· 3 days agoRocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased investments in artificial ...
Federal Home Loan Mortgage Corp (FMCC) Q1 2024 Earnings Call Transcript Highlights: Strong ...
GuruFocus.com via Yahoo Finance· 4 days agoFMCC reports a significant rise in net income and continued support for first-time homebuyers, despite facing headwinds from higher mortgage rates and cooling house prices.
Cantor's Howard Lutnick says Fed will 'show off' with one rate cut in September
Morningstar· 4 days ago"I'm thinking one cut in September - just to show off." That was Howard Lutnick, Cantor Fitzgerald's chief executive, speaking Wednesday about the Federal Reserve's likely next step on interest ...