Home >> Author Archives: Eric C. Peck (page 44)

Author Archives: Eric C. Peck

Eric C. Peck has 20-plus years’ experience covering the mortgage industry, he most recently served as Editor-in-Chief for The Mortgage Press and National Mortgage Professional Magazine. Peck graduated from the New York Institute of Technology where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career with Videography Magazine before landing in the mortgage space. Peck has edited three published books and has served as Copy Editor for Entrepreneur.com.

Pace of Refis Falls to 22-Year Low

Continued inflationary burdens, and mortgage rates hitting 14-year highs have driven down mortgage applications this week, as the Fed continues to raise rates to combat a volatile economy.

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HUD Issues 19,000-Plus Housing Vouchers

Marking the most expansive allocation of flexible rental assistance in nearly 20 years, HUD Secretary Marcia L. Fudge has delivered more than 19,000 new Housing Choice Vouchers nationwide.

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Mortgage Rates Climb to New 14-Year Highs

As the Federal Reserve issues another rate hike to tame high-riding inflation, Freddie Mac reported the fixed-rate mortgage climbed 27-basis points over last week, rising to levels last seen in 2008.

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Mortgage App Volume Ends Six-Week Skid

For the first time in more than 45 days, mortgage application volume turned upward, as the MBA reported overall app volume rose nearly 4% week-over week, ahead of yet another rate hike by the Fed.

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Five Star Conference Launches With Focus on REO Market

The annual Five Star Conference gathers mortgage servicing industry executives with government representatives, attorneys, service providers, and others. Sunday’s lineup included programming aimed at the agent membership of Five Star’s Federation of REO Certified Experts (FORCE).

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