There is definitely a shortage of homes to buy this spring as the housing market heats up. The number of days on the market in most areas has been steadily decreasing and the national median DOM is approximately 43 days for most listings, as reported by Clear Capital. Buyers will need to remain vigilant this spring and constantly keep their eyes peeled for a new supply entering the market, according to Dr. Alex Villacorta, VP.

Millennials in Pittsburgh, Washington D.C., and Des Moines, are pursuing home ownership more than their counterparts in any of the nation's 100 largest cities, according to a Lending Tree study.

A recent survey from NerdWallet found that prospective homeowners who don’t understand the loan process sometimes experience difficulty and have negative feelings about the transaction as a whole.

February is expected to see record-high listing prices and the shortest days on market since the recession.

Positive outlook for the housing industry was presented by Federal Open Market Committee, with statements that gradual rate increases are probable in the future.

Although employment is being reduced, the need for certain types of talent is more critical than ever, according to Rick Glass, founder of R.T. Glass & Associates, one of the mortgage banking industry’s leaders in executive search since 1993. However, he said the demand for certain types of skills has changed during the past several years, and continues to change in order to adapt to new regulations and fluctuating markets.

 Originally appeared in the print edition of TheMReport magazine. Industry executives chime in on creating and maintaining a successful lending shop. By Sandra Lane There have always been basic rules ...

Although the new qualified mortgage (QM) rules are expected to bring stability to loan manufacturing, the many nuances of compliance have resulted in doubling the cost of loan origination. This assessment was offered by Tom Showalter, chief analytics officer at Digital Risk. In an interview on Mortgage Markets Today, Showalter explained the threat of ""manufacturing risk,"" or the risk that key elements of data defining the loan are either corrupted or misrepresented.

Richard Koch, SVP at Morningstar Credit Ratings, sat down with Mortgage Markets Today to discuss how regulations issued by the CFPB will impact servicers in 2014.

Crowdsourcing caught fire as a vehicle for financing documentaries and small businesses. Now, the concept of pooled resources is being used as an investment vehicle offering equities in homeownership to investors and loan assistance to selected prospective homeowners. One of the first companies to offer such a program is PRIMARQ, a capital market company headed up by founder and CEO Steve Cinelli, who says equity deficiencies have become a major barrier for prospective homeowners.