Steve Schachter, President of Sourcepoint, addresses some of the top compliance and regulatory risks for lenders in 2022 and beyond.
Read More »Refi Volume Falls to Three-Year Low
With mortgage rates jumping for four consecutive weeks, overall mortgage application volume continues to suffer, dropping 6.3% over the previous week.
Read More »Building a More Diverse Future
MReport looked through the eyes of five on the front lines of the industry’s diversity and inclusion efforts to analyze what’s working, what’s not working, and what else can be done to diversify the mortgage space.
Read More »Timing the Greatest Return on Home Sales
Listing on a Thursday in late April can earn 2.8% more, or approximately $9,300 on the average U.S. home, according to a new Zillow report.
Read More »Redfin Acquires Bay Equity Home Loans
Under terms of the $137.8 million deal, Redfin will wind down its Redfin Mortgage business, and Bay Equity will continue to operate under its own name with current leadership.
Read More »Consumers Face the Supply Chain Fallout
As supply chain and bottleneck issues continue to impact the housing industry, Steve Adamo of Embrace Home Loans spoke with MReport about remedies to alleviate these concerns.
Read More »Despite Mortgage Rate Hikes, Home Prices Continue Climbing
All 20 cities gauged by the S&P CoreLogic Case-Shiller Index saw price increases in January 2022, with prices in 16 cities accelerating relative to December’s report.
Read More »National Median Mortgage Payment Rises Month-Over-Month
The Mortgage Bankers Association (MBA) has launched a new affordability index aiming to measure how new mortgage payments vary across time relative to their income. The new monthly ...
Read More »Fed Rate Hike Drives Down Mortgage Application Volume
Driven by last week’s Fed rate hike, both purchase and refi apps tailed off week-over-week, as fixed-rate mortgages advanced beyond the 4% mark, pricing many first-time buyers out of the market.
Read More »The Week Ahead: Senate Examines the Appraisal Process
The Senate Banking Committee will take a deep dive into appraisal equity, and the implementation of programs and policies related to fair housing and economic opportunities.
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