Roostify, a California-based digital lending solution, announced that its platform now offers a bi-directional integration with Ellie Mae’s Encompass digital mortgage lending platform.
Read More »Bob Ehrlich Joins NewDay USA Board of Advisors
NewDay USA has announced that the former Maryland Governor, a longtime supporter of U.S. military veterans and their families, has joined the company’s board of advisors.
Read More »Mortgage Rates Approach 5 Percent
Rates rose to their highest since April 2011 this week, according to a Freddie Mac survey. What were the factors behind this rise and how are they likely to impact homebuying decisions?
Read More »Mortgage Apps and DTI Ratios
A new analysis reveals that since 2015 debt-to-income ratio has become the number one reason that lenders have turned down purchase-mortgage applications. What are the factors that are impacting the DTI ratios of homebuyers?
Read More »How CFPB Impacts Mortgage Lending
How has the oversight of the BCFP affected banks in general and mortgage lending in particular? Here’s what a research by the New York Fed revealed.
Read More »Report Reveals Credit Tightening for Homebuyers
Even though some borrowers across the nation saw an increase in mortgage credit availability in September, that wasn’t the case for everyone. Find out which borrowers felt the squeeze and which saw their availability grow.
Read More »Welcome to the Machine: AI in the Mortgage Business
With more lenders integrating artificial intelligence and machine learning into their business practices, Fannie Mae has released a survey that tackles industry sentiment across about the advent of AI.
Read More »Credit Scores Count in a High Rate Environment
A report analyzing the annual percentage rates for borrowers found that APRs had risen to their highest in the year in September. Here’s why borrower credit scores are likely to play an important role while looking for the best mortgage rates.
Read More »Younger Loan Applicants Choosing to Remain ‘Conventional’
Anyone looking to understand the housing market would do well to heed data on homebuyers and borrowers who make up the essential millennial age-group. A new report found pinpoints the types of loans this demographic is seeking.
Read More »Where You Can Find The Biggest Homes
New list ranks cities by the average size of homes. Find out where the biggest homes are by clicking here.
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