Cornerstone Mortgage, a division of Guild Mortgage was recognized by St. Louis Post-Dispatch as a leading employer for the seventh straight year and was ranked eleventh in the midsize company category.
Read More »Houses on the Market: Gone in 54 Days
Buyers who find good listings should not wait, given the numbers in a new report on the speed of home sales in the United States. Inventory, however, looks to remain an obstacle.
Read More »How Technology Decreases Defect Risk
The defect risk for purchase transactions is dropping, according to a report. What role has mortgage technology played to decrease risks related to defects in a mortgage?
Read More »Why Homeowners Aren’t Moving and Renters Aren’t Buying
Mobility among homeowners and renters is at an all-time low, according to Fannie Mae’s National Housing Survey. Are their concerns with moving exacerbating the shortage of housing supply?
Read More »LGBT Equality & Diversity in Focus at Fannie Mae
On Tuesday, Fannie Mae welcomed groups such as the American Mortgage Diversity Council and the National Association of Gay and Lesbian Real Estate Professionals to their D.C. headquarters for a roundtable discussion of strengthening fair housing protections for LGBT individuals and other relevant topics.
Read More »A Snapshot of Mortgage Rate Performance
While mortgage rates rose across the board, according to the latest data by FHFA, click through for a break down of how interest rates on various loans performed.
Read More »Mortgage, Housing Optimism Stays Strong … for Now
Americans say the housing market and economy are good at the moment, and they expect it to remain so for the near future, as well. On down the road, however, may be a different story.
Read More »The Dual Headwinds of the Mortgage Market
While weaker affordability has been the focus of the housing market in the first half of 2018, according to Freddie Mac, these factors are likely to keep total mortgage loan originations slightly down this year.
Read More »Stress Tests: How Will Mortgage Loans Impact Bank Losses?
The results of the stress test scenarios to determine the resiliency of lenders in financially adverse situations were released for the three biggest banks in the country. Here’s what they revealed about loans that are most likely impact banks’ losses if things go south.
Read More »Mortgage Lenders Become Frugal as Competition Heats Up
As the mortgage lending market gets tougher, more lenders are looking to cut costs, according to Fannie Mae. What are the factors driving this trend and how will it impact employment in the industry if it persists?
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