Chase Home Lending is offering a mortgage rate discount for the next two weeks to boost activity in the second half of the spring homebuying season. Processing Content The promotion offers rate cuts of as much as 25 basis points, depending on product and location, on new-home purchases as well as rate-and-term and cash-out refinance […]
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Home Equity Conversion Mortgages endorsements fell for the second month in a row in April, although trends show proprietary reverse products are now filling some of the void. Processing Content Endorsements of the Federal Housing Administration-backed product dropped 1.4% between February and March to 2,088 loans from 2,117, maintaining a slowdown that appeared in the
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The Two Harbors Investment board’s rejection of the updated $12 per share offer from UWM Holdings will not be the coda on this hostile take-over battle, Keefe, Bruyette & Woods analyst Bose George stated. Processing Content “While TWO shares are likely to be weak, it’s not clear that this is the last word on the
TWO rejects UWM offer, but analyst says this isn’t the end Read More »