In his new role, Grant McFarland, who has been with the company 10 years, will focus on processing, underwriting, and closing technologies.
Read More »House Hunters Face Increasing Competition
This homebuying season, it is not unusual for desirable properties to receive 20 or more bids, and the market shows no signs of cooling, according to agents.
Read More »What FHFA’s Living Will Rule Means for Housing Finance
Director Mark Calabria explains why he believes credible resolution plans for GSEs protect taxpayers and the mortgage market during a financial crisis.
Read More »Quicken Loans Will Become Rocket Mortgage
The name change, effective later this summer, is significant, the company reports, but clients will not see any difference in Rocket’s fully digital homebuying experience.
Read More »New Listings Increase, But Housing Shortage Remains
At least for the short term, analysts say, the number of listings under contract continues to outpace the increase in homes for sale.
Read More »Mortgage Credit Availability Increases
Lending standards overall loosened, driven by an increase in conventional mortgage credit, as well as an expansion in agency programs for ARMs and high-balance loans, according to a new report.
Read More »Loan Performance Findings ‘Bode Well for Housing Fundamentals’
Researchers say government support throughout the pandemic, and improving employment rates have enabled many borrowers to remain current on their mortgages.
Read More »Homeownership Among People of Color Expected to Increase
While homeowners of color will dominate the growth rate overall, it will look vastly different from one state to another, researchers say.
Read More »Homebuying Sentiment Turns Net Negative
For the first time in Home Purchase Sentiment Index's history, six components decreased month-over-month, most notably the component related to homebuying conditions.
Read More »Loan Originator Commissions Increase in Q1
Refinance and purchase loan volume drove up loan originators' and processors' compensation despite a minimal decline in basis points paid per loan.
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