Four U.S. Congressmen have introduced the bipatisan Credit Union Residential Loan Parity Act. If passed into law, how will this bill impact the housing industry?
Read More »Homeowner, Appraiser Opinions Drift Further Apart
The gap between what owners believe their homes are worth and actual appraisal values had been shrinking for five straight months, but the latest analysis found a reversal of that trend.
Read More »FHA Reduces Mortgage Insurance Premiums
For the first time in two years, the Federal Housing Administration has lowered its annual mortgage insurance premiums paid by most borrowers in an effort to expand homeownership and save money for existing borrowers.
Read More »ARM Market Share Could Be Ready to Rise
The market share of adjustable-rate mortgages is at its lowest level in years. But the specter of rising mortgage interest rates this year could change that considerably, according to a recent analysis.
Read More »The Week Ahead: Competition Heating Up for Housing
The most recent pending home sales report, based on contract signings, from the National Association of Realtors indicated that buyers are snapping up homes as quickly as possible. Will this trend continue?
Read More »Thousands of HARP-Eligible Borrowers are ‘in the Money’
The FHFA's Home Affordable Refinance Program is expiring in September 2017, and there are still many borrowers with GSE-backed loans who are eligible and who would benefit economically from the program.
Read More »Many Lenders Say It’s Time for Change
A recent survey reported that the number of lenders who are dissatisfied with their current LOS increased from last year. Why are they not happy with their systems?
Read More »The Mortgage Collaborative Sees $150 Billion in Origination Growth
Data revealed that there was a progressive amount of growth in 2016, and the recent hirings and partnerships resulted in the company’s origination volume increasing to $150 billion.
Read More »Freddie Mac: No Encore for Housing in 2017
The year 2016 was the best for housing since before the crash by nearly any measure. Unfortunately, according to Freddie Mac's latest outlook, housing is not likely to repeat its stellar year in 2017.
Read More »USMI Urges Lawmakers to Extend Tax Credit
With the tax deduction for mortgage insurance premiums paid on qualified residential interest about to expire on December 31, 2016, U.S. Mortgage Insurance President Lindsey Johnson asked lawmakers to consider an extension.
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