As it turns out, last year’s encouraging trend among Hispanic homeowners belies a widening gap in wealth between Hispanics and whites, according to a new report by Hispanic Wealth Project that looks at the past few years.
Read More »Western Region Goes Against Homeowner, Appraiser Trend
Western homeowners went against the nationwide trend of homeowners overvaluing their homes. Instead, their estimates came in much lower than appraised values
Read More »Lender Sentiment Leans Toward Purchase Mortgages
Mortgage lenders reported demand growth for GSE eligible purchase mortgages over the past three months rebounded significantly in the second quarter this year.
Read More »Behind the CFPB’s Doubled Ad Budget
The Consumer Financial Protection Bureau has nearly doubled the amount spent on online advertising just since last year. What are its motives? What questions does this raise?
Read More »Investors: 10 States With the Best Economies
WalletHub identified that states that embody these conditions, finding that Utah, Washington, and California, by far, have the best economies.
Read More »Overcoming Title & Closing Regulatory Challenges
Steven J. Melmet, Esq., CEO of Vendor Connect, LLC, sat down with MReport to explain how title companies are wading through the heavily-regulated environment without running into trouble.
Read More »Is Student Debt Holding Back Homeownership?
A recent survey from the National Association of Realtors and SALT found that 71 percent of non-homeowners repaying their student loans on time believe their debt is preventing them from purchasing a home.
Read More »8 Pitfalls to the FHFA’s URLA Changes
Several trade groups and organizations focused on the banking and mortgage industries recently wrote a letter to FHFA Director Mel Watt, concerning a potential last-minute addition to the new Uniform Residential Loan Application.
Read More »The Week Ahead: Is the Fed Between a Rock and a Hard Place?
Although the Federal Open Market Committee (FOMC) did not raise the federal funds rate at the April meeting, even with further improvement observed in the housing sector, there has been ongoing speculation about if the Fed would make a move this month.
Read More »A Look Inside HMDA
Today’s lenders are learning how to navigate the rules’ changes, as cost and compliance issues arise. Editor's note: This select print feature appears in the June 2016 edition of MReport magazine.
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