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Origination

HUD Grants Appraisers a Reprieve

Home appraisers received some relief in the form of a clarification of a requirement issued earlier this year in HUD’s recent updates to FHA’s Single-Family Housing Policy Handbook.

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Now that TRID is One Year Old . . .

TRID passed its one-year anniversary on October 3. Michael Cremata, Senior Counsel and Director of Compliance with ClosingCorp, discussed with MReport what aspects of the rule have worked well and what aspects haven't.

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The Ever-Shrinking Pool of Refinance Candidates

The data shows that the mortgage rates of most current homeowners are low enough to where refinancing would not make financial sense. It turns out that it might not make sense for borrowers with higher interest rates, either.

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