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Projections for Lower Interest Rates Will Impact Banking Decisions in 2024
Analysts believe that inflation may fall even quicker than expected
Mortgage Rate Decline Brings Hope to Lending Market
Bank mortgage applications rose by 3% last week for new mortgages
10-year Treasury yield Major Concern for Regional Banks
The ten-year treasury yield has reached 4.8% to levels not seen in 15 years
Wells Fargo Signals Mortgage Industry Concerns
Wells Fargo dropped to about 18,000 loans in progress, a dramatic change from one year ago
5 Examples of Cutting-edge Tools to Reinvent Your Mortgage Tech Stack
Not only does technology provide a better customer experience, but it is proven to create a more efficient and less risky lending process from beginning to end
What the Post-Pandemic Banking Landscape Will Look Like
The PPP and related changes to operations could reshape some areas of the banking sector, says PwC
Nearly 5m Now in Forbearance Due to Pandemic, Says Survey
Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
Loan Applications Spike After Fed Rate Cut
More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
MVB Bank to Acquire Stake in ICMC to Create Lending Group
Following a bumper year for mortgage lending in 2019, MVB will buy a stake from the Van Metre Company to create Intercoastal Mortgage
Banks Cut Lending Rates After Fed Action on COVID-19
US banking groups have reduced their prime and reference lending rates following yesterday’s Federal Reserve rate cut
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