SunTrust's Digital Home Loan Fixes Mortgage Application Woes – The Financial Brand

The bank’s streamlined, user-friendly digital mortgage application delivers a smoother process to consumers who crave time savings. By Steve Cocheo, Executive Editor at The Financial Brand Subscribe to The Financial Brand via email for FREE!Moving is one of life’s most stressful life events. Part of that process is getting a new mortgage. The old approach

Mortgage rates fall for Tuesday –

Binyamin Mellish/ Multiple closely watched mortgage rates slid lower today. The average rates on 30-year fixed and 15-year fixed mortgages both dropped. Meanwhile, the average rate on 5/1 adjustable-rate mortgages also ticked downward. Compare mortgage rates in your area now. 30-year fixed mortgages The average rate for the benchmark 30-year fixed mortgage is 4.62 percent,

D.R. Horton could add mortgage volume with Terramor Homes deal – National Mortgage News

D.R. Horton Inc. is planning to buy Terramor Homes’ building operations for $60 million in cash, expanding the potential customer base for the larger company’s in-house lending unit. The assets acquired include an estimated 305 lots, 156 homes in inventory and a sales backlog of 63 homes. D.R. Horton also is acquiring control of an

Refinance rates fall for Tuesday – Multiple closely watched refinance rates decreased today. The average rates for 30-year fixed and 15-year fixed refinances both dropped. Meanwhile, the average rate on 10-year fixed refis were flat. Compare refinancing rates in your area now. 30-year fixed refinance The average 30-year fixed-refinance rate is 4.67 percent, down 3 basis points over the last

Fannie and Freddie investors want us to forget about the housing crisis | TheHill – The Hill

Wall Street investors in Fannie Mae and Freddie Mac are pushing a plan to take over the behemoth financial institutions after a decade in government control. They would reap billions of dollars on a bet made during the financial crisis that lawmakers would ultimately fail to fundamentally change the housing finance system, despite universal agreement

Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) Insider Sells £1,452.56 in Stock – Baseball Daily News

Mortgage Advice Bureau (Holdings) PLC (LON:MAB1) insider Nathan James McLean Imlach sold 271 shares of the firm’s stock in a transaction on Friday, November 30th. The shares were sold at an average price of GBX 536 ($7.00), for a total value of £1,452.56 ($1,898.03). Nathan James McLean Imlach also recently made the following trade(s): Get

If You Bought LIC Housing Finance Limited (NSE:LICHSGFIN) Today, There May Be An Upside – Simply Wall St

Pricing LICHSGFIN, a financial stock, can be difficult since these banks have cash flows that are affected by regulations that are not imposed upon other sectors. These lenders, for example, must hold certain levels of capital in order to maintain a safe cash cushion. Focusing on factors like book values, with the return and cost

Guarantee fees drop for mortgages in several riskier categories: FHFA – National Mortgage News

Fannie Mae and Freddie Mac charged lenders slightly lower guarantee fees in 2017 for mortgages with riskier characteristics, according to a Federal Housing Finance Agency report. The average total g-fee in 2017 was unchanged from 2016 at 56 basis points. The upfront portion, which measures risk and includes Fannie Mae’s loan level pricing adjustments and

Securitization skeptic rumored as pick for head of housing finance regulator – GlobalCapital

Bloomberg first reported on Monday that Calabria was at the top of the list of potential candidates.  A former economist at the libertarian-leaning Cato Institute, Calabria has loudly criticized the US mortgage finance system and the long-term imbalances generated by the GSEs’ purchases and subsequent securitizations of mortgage loans. … Please take a trial or

Mortgage pricing too opaque and discounting too time consuming: ACCC – Mortgage Business

The Australia Competition & Consumer Commission (ACCC) released the final report of its mortgage price inquiry on Tuesday (11 December), which confirmed that opacity is rife in advertised headline interest rates for mortgages, causing inefficiency and stifling price competition. The ACCC’s Residential Mortgage Price Inquiry monitored the prices charged by the five banks affected by