Optimal Blue's new innovation enables lenders to gauge performance through visualizations that illustrate market position, compare margins and profitability, and assess the effectiveness of their current pricing strategies.
Read More »Report: Falling Mortgage Rates Impacting Housing Market
Freddie Mac’s latest housing market forecast reveals the combination of record-low mortgage rates and the anticipation of the Fed’s decreasing interest rates has caused a spike in purchase ...
Read More »Susan Allen to Lead Experian’s Mortgage Product Strategy
In her role, Susan Allen will be responsible for product strategy and execution of Experian’s suite of solutions for the mortgage industry.
Read More »Missed Opportunities: Addressing the Racial Gap in Homeownership, Equity
Redfin reports that homeowners in primarily white neighborhoods gained an average of $70,000 more in home equity than those in predominantly African-American neighborhoods from 2012-2018. Although home prices ...
Read More »Risks of Mortgage Loan Defects Dropping
First American Financial Corporation reported that the frequency of defects, fraud, and misrepresentation in mortgage loan applications fell 7% month-over-month in June. June’s report represents a 3.9% year-over-year ...
Read More »Foreclosure Auction Home Prices Measured
According to a new report from Auction.com, solid real estate investor demand and a limited supply of distressed properties continues to push average prices up in most parts of the country.
Read More »Home Prices Climbing Higher
Home prices rose 3.4% in May 2019, which is down from 3.5% growth the prior month, according to the latest CoreLogic Case-Shiller U.S. National HPI (HPI). “Growth in ...
Read More »Chronicling California’s Affordability Issues
California is no stranger to affordability issues, but a new report by The Mercury News reveals that today’s buyers pay nearly nine times the median annual income—$100,000—for a ...
Read More »Housing’s Impact on the GDP
Although Q2 2019’s GDP growth of 2.1% exceeded expectations, housing’s share of the GDP declined to 14.6%, according to the National Association of Home Builders (NAHB). Recording its ...
Read More »Interest Rates and the Impact on Mortgages
A new report issued by WalletHub found that there is a 78% chance the Fed drop interest rates on July 31, and that mortgage rates will fall if ...
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