Origination

A Virginia delegate is reiterating the potential benefits of higher-density housing.

Analysis on the market said the industry is responding to a “avalanche of applications” for both purchases and refinances.

Title and settlement services company Premium Title has added a RON option to its suite of e-close capabilities it has offered customers since 2018.

Despite economic uncertainty and high unemployment, applications rose annually for the eighth consecutive week.

Fercho will take up the position in August, following the retirement of longtime Wells Fargo Home Lending head Michael DeVito.

“We’re excited to once again offer a complete array of non-QM home finance solutions to our Correspondent clients” said Michael Strauss, President.

Angel Oak Mortgage Solutions' improved non-QM product offerings reflect changing dynamics and demand within the non-QM market.

Another record low record for mortgage rates was attributed to better-than-expected economic numbers. Click through to read more.

Analysis of the report says millennials are taking advantage or near-record low rates and lenders are quickly adapting to a digital world.

One economist said while the demographic is aging they are entering their prime homebuying years, despite the challenges presented from COVID-19.