After a rough March for home equity conversion mortgage originations, April’s numbers became even more dire, according to the latest statistics from Reverse Market Insight. Just how bad ...
Read More »Why the Mortgage Industry Must Up Its Tech Game
As borrowers look at using technology for a seamless mortgage loan processing experience, is it time for lenders to invest in getting that tech formula right?
Read More »Mortgage Apps Decline Despite Stable Rates
Applications for loans decreased even though mortgage rates remained relatively stable. Here’s how the average contract rates and other indices performed during the week.
Read More »Capital One Sells $17 Billion of Mortgages
In keeping with its intention to move out of the residential mortgage lending space, Capital One recently sold its first and second lien mortgages to a Credit Suisse subsidiary. Here’s how the funds from this transaction are likely to be used.
Read More »Where Do Borrowers Save the Most on Mortgage?
Click through to learn which city has borrowers saving the most in lifetime interest expenses. Hint: It’s in the Golden State.
Read More »10 Most Affordable Cities for Teachers
Even with wage increases, homes remain unaffordable for many teachers. Which were the cities where teachers could afford a roof?
Read More »HMDA Data: Loans to Low-Income Borrowers Rose in 2017
A change in regulations saw fewer banks reporting HMDA data, which indicated an increase in home lending. See how other HMDA data indicators performed by clicking through.
Read More »Housing Construction Outlook Remains “Cautiously Optimistic”
Housing starts are on the rise and consumer confidence is increasing a report found. However, there are two factors that could deter further progress.
Read More »Looking Beyond the Visible Dimension of Diversity
Charmaine Brown, Director, Outreach and Engagement, Office of Minority and Women Inclusion at Fannie Mae, was recently appointed as Vice Chair of the American Mortgage Diversity Council (AMDC). Partnering ...
Read More »10 Small Cities on the Rise
The housing market in these cities is booming and in some unlikely places. Which smaller cities are poised to boom, thanks to affordable homes and higher wages? Click through to learn more …
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