A new report found that millennials are not shying away from the housing market despite rising interest rates. But how are they impacting the loan values of these homebuyers? Click through to learn more.
Read More »Flagstar Expands Footprint in the Midwest
With the acquisition of 52 Wells Fargo bank locations, Flagstar will double its customer base. Click through to find out what this means for Flagstar’s operations and strategy going forward.
Read More »The Changing Rules of Mortgage Underwriting
How have underwriting standards for conventional loans for homes changed from the pre-crisis housing market? Here’s what a report tracking credit risk for the first quarter of 2018 found.
Read More »FHFA Credit Scoring and Competition
Does the FHFA’s credit-scoring model need an update? Critics of the current system argue that homeowner demographics are changing and that the FHFA needs to evolve to meet their needs.
Read More »Is Home Affordability at Breaking Point?
A new report indicates that the combination of rising home prices and interest rates have substantially impacted home affordability. Is this a sustainable trend? Click through to learn more.
Read More »Home Point Financial Appoints New Correspondent Lending Managers
The new managers will help Home Point Financial enhance its correspondent institution lending products and services and help grow the team in this business.
Read More »Why Did Mortgage Rates Decline?
After rising consistently for most of the month, mortgage rates eased this week. Experts weigh in on the factors that impacted rates this week.
Read More »Citizens Bank Expands into Correspondent Mortgage Lending
The acquisition will help Citizens Financial expand its mortgage banking business as well as create a top-15 bank-owned mortgage servicing and origination platform.
Read More »Diversity and Inclusion Webinar Explores Best Practices in Mortgage
Policies promoting diversity and inclusion offer many benefits from both practical and ethical standpoints. On Wednesday, May 30, the American Mortgage Diversity Council presented a complimentary webinar delving ...
Read More »Mortgage Loan Applications Lose Momentum
Applications for mortgage loans declined last week even though mortgage rates remained stable. Here’s a breakdown of how various loan applications performed during the week.
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