Borrowers in owner-occupied homes are sitting on trillions worth of accessible home equity by today’s lending standards—but not all of the country's housing wealth is equally distributed.
Read More »Is Low Inventory Holding Back Home Sales?
Many buyers reported that finding a home that fits their needs was the biggest obstacle to buying a home. Lately, however, more prospective buyers are reporting that they are having trouble simply finding a home at all.
Read More »Mortgage Rates Steady After Rollercoaster Ride
After a short ride on the rollercoaster triggered by June’s Brexit vote, mortgage rates have steadied and applications are up.
Read More »Mortgage Banking Changes Pay Dividends for Chase
While JPMorgan Chase’s net income for the second quarter stayed relatively flat from a year ago, mortgage banking income took an upward turn.
Read More »Fed: ‘Modest’ Economic Growth Not Slowing Housing
While economic growth may have been modest across Fed districts, the central bank reported that residential real estate activity is strengthening.
Read More »The GOP’s VP Prospects and Where They Stand on Housing
Republican presidential nominee Donald Trump has said very little about housing policy during his campaign. Where do his top three prospects for vice president stand?
Read More »How Satisfied are Borrowers with the Origination Process?
A recent report uncovered some findings about borrower satisfaction that they industry may find surprising.
Read More »Bill Aims to Ease Regulatory Burden on Smaller Banks
Credit unions and smaller financial institutions have been requesting exemption from Dodd-Frank oversight since it was passed six years ago. A new bill introduced in the Senate this week is trying to give it to them.
Read More »Refinancing Volumes May Be Slower Than Hoped
While U.S. economists debate how a set of troubles playing out overseas will affect the American mortgage market, Kroll Bond Rating Agency predicts that these troubles will probably not bring the refinancing volume some might think.
Read More »Mortgage Re-engineering: Rebranding the Product
As the housing market moves closer to “normal,” the mortgage industry has an opportunity to reinvent itself by selling an experience.
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