Mortgage lender Quicken Loans sees record loan volumes
"We're having record months. This quarter will be the largest quarter in the company's history," Quicken Loans CEO Jay Farner says......»»
Leading mortgage lender Quicken Loans sees record loan volumes
"We're having record months. This quarter will be the largest quarter in the company's history," Quicken Loans CEO Jay Farner says......»»
Mortgage lender Quicken Loans sees record loan volumes
"We're having record months. This quarter will be the largest quarter in the company's history," Quicken Loans CEO Jay Farner says......»»
The MarketWatch Q&A: Don’t expect interest rates on 30-year mortgages to fall below 3%, says Quicken Loans CEO Jay Farner
‘If I were a betting man, I’d say there’s a higher probability rates will rise in the next few weeks,’ the CEO of the country’s largest mortgage lender told MarketWatch......»»
Fannie Mae loan for $55M will buy pair of NJ buildings
Arbor Realty Trust, a commercial mortgage lender, recently funded a Fannie Mae Streamlined Rate Lock (SRL) portfolio in Hasbrouck Heights, NJ. The loans provi.....»»
Wells Fargo adding to mortgage loan processing teams
Wells Fargo & Co is adding to teams that process mortgage loans to prepare for higher mortgage volumes, according to a memo viewed by Reuters shows......»»
How Quicken Loans passed up Wells Fargo to become nation's top mortgage lender
Dan Gilbert built Quicken loans into a powerhouse, passing Wells Fargo in size and hiring 13,000 in and near Detroit. But .....»»
The billionaire owner of the Cleveland Cavaliers runs more than 100 companies according to 19 rules
Phil Long/AP Dan Gilbert is the billionaire owner of the Cleveland Cavaliers NBA team and the founder of Quicken Loans, the largest mortgage lender in the United States. Around 20 years ago, he wrote the firs.....»»
Mortgage Loan Rates, New Applications Continue Sliding
Even though mortgage loan rates are falling, the number of new applications for mortgage loans is not rising. The Mortgage Bankers Association sees uncertainty about the economy as the likely cause........»»
Top 100 U.S. female lender opens CrossCountry Mortgage office in Leawood
One of the top female loan originators in the U.S. opened a CrossCountry Mortgage office in Leawood......»»
"Deely Nuts," "Beefy King," and other fake businesses reportedly got $7 million in COVID-19 PPP loans through one lender
Non-existent farms, such as "Ritter Wheat Club" and "Deely Nuts," each received the maximum loan of $20,833, ProPublica found. President Joe Biden. Scott Olson/Getty Images Fake firms collected $7 million in COVID-19 small business relief.....»»
Building your dream house or renovating? What to know about construction loans.
Unlike a traditional mortgage loan, construction loans do not include any principal payments, and you will only have to pay closing costs once......»»
Market Extra: ‘The issue of racial inequality is top of mind,’ says ESG chief behind mortgage bond with social purpose
Angel Oak Capital Advisors is the first lender in the U.S. to sell a "social" mortgage bond without government backing, a deal that finances self-employed borrowers and others locked out of conventional home loan programs......»»
Quicken Loans to change name to Rocket Mortgage
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Market Extra: Mortgage mess on commercial properties could last 5-7 years, says this real-estate veteran
Mission Peak Capital, an U.S. investor in commercial real estate, sees an opportunity in handling loan payments and workouts on properties struggling because of the pandemic......»»
Borrowers with not-so-perfect credit may be eligible for FHA home loans
TOWN SQUARE | Every mortgage loan choice should be made on an individualized basis that takes into consideration the borrowers’ entire financial plan......»»
‘Recasting’ is another way, besides refinancing, to save money on your mortgage
TOWN SQUARE | Typically homeowners pay a lump sum to reduce their loan balance when they ask their lender to recast the loan. The monthly payments are recalculated based on the new lower balance, which shrinks the payments......»»
Record low mortgage rates may be ending; 30-year rises to 2.79%
Mortgage buyer Freddie Mac reported Thursday that the average rate on the benchmark 30-year fixed-rate home loan jumped to 2.79% from 2.65% la.....»»
Borrowing limits for conforming mortgage loans to rise in 2021
TOWN SQUARE | The Federal Housing Finance Agency, which oversees Freddie Mac and Fannie Mae, announced that conforming loan limits for one-unit properties will rise to $548,250 for 2021 in most counties across the U.S., up from $510,400 in 2020......»»
Mortgage rates hit another record low: 2.66% for 30-year fixed-rate loan
U.S. long-term mortgage rates dropped this w.....»»
Fear and desperation on Main Street as small businesses struggle to survive despite PPP and other federal loan programs
Millions of small business owners have not received government loans under the CARES Act. Many are bootstrapping, crowdfunding and deferring mortgage payments to stay afloat......»»