Wells Fargo, U.S. Bancorp, and PNC Financial Services Group all continued what JPMorgan Chase started, reporting increased mortgage activity for the second quarter of 2016.
Read More »Trump’s New VP Pick’s History with Housing
Republican presidential nominee Donald Trump's newly selected running mate, Indiana Governor Mike Pence, has a history of working to improve housing policy in his home state.
Read More »Nation’s Accessible Home Equity is Highly Concentrated
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 »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 »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 »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 »LoanScoreCard Launches Integrated Pricing and Decisioning Solution
LoanScoreCard has introduced LO Connect, an integrated automated distribution solution for aggregators and wholesale lenders who source non-agency mortgage loans from third-party originators (TPOs) and correspondents.
Read More »Fintechs Present Both Opportunities and Challenges
Congress has taken note of the rise of companies that utilize technology to make financial services more efficient, or fintechs as they have commonly become known, and their increasing role in the financial services market.
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