Stories Tagged as
Mortgages
Divided Decade
Divided Decade: How the financial crisis changed housing
by Tommy Andres
Dec 17, 2018
Ten years ago the economy broke and changed the way we live.
What layoffs in the mortgage industry say about our economy
by Justin Ho
Nov 16, 2018
It’s been a year of transition for Wells Fargo after a series of scandals in its consumer banking business. The company’s paid billions of dollars in penalties and just announced it’s cutting 900 jobs in its mortgage division. The job…
Re-Fi? Standby … Rates are not great right now
by Andy Uhler
Oct 19, 2018
Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to…
Re-Fi? Standby … Rates are not great right now
by Andy Uhler
Oct 19, 2018
Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to…
Mortgage rates hit highest level in 7+ years
by Jed Kim
Oct 12, 2018
It’s getting more expensive to get a mortgage. Data out this week from Freddie Mac shows the average 30-year fixed-rate mortgage is 4.9 percent. That’s the highest it’s been in seven years. What does that mean for prospective home buyers? …
At $6 trillion, "tappable" home equity reaches new high
by Amy Scott
Sep 26, 2018
So far, homeowners are resisting cashing out.
Divided Decade
Freddie Mac CEO: "The mortgage system is very safe and sound"
by Amy Scott
Sep 6, 2018
Donald Layton on the U.S. housing market 10 years after the financial crisis.
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House approves partial rollback of some Dodd-Frank regulations. Are we ready?
by Kimberly Adams
May 22, 2018
The House of Representatives Tuesday approved a bill that dials back some of the banking regulations put in place after the financial crisis. Among other things, it raises the threshold for which banks are considered to be big (“systemically important…
Why did the Avengers partner with a mortgage lender?
by Aaron Schrank
Apr 27, 2018
App-based lenders, like Rocket Mortgage, are getting more and more powerful.
Divided Decade
Could the 2008 financial crisis happen again?
by , and
Mar 14, 2018
Economists look back on the 2008 financial crisis and the changes in banking regulation that have occurred since.