Origination

First-time buyers are often faced with several barriers to homeownership including student loans, down payment savings, and balancing multiple financial priorities, but they ultimately express a desire to own a home.

Rates fell a bit lower this week, but buyers did not hurry to take out a mortgage loan. On top of that, mortgage credit has tightened this month, which could be the reason that buyers were unable to purchase a home.

In the time period following the housing market collapse, private mortgage insurance was not easy to obtain. This left the door open for the FHA to step in to accommodate low-down payment borrowers and pick up more market share. But the tables have since turned.

Walter Investment Managaement Corp., on Tuesday continued a trend observed among many non-bank servicers in the last year and the start of this year with a major loss to its first quarter earnings, particularly in its mortgage servicing and origination segments.

Global market turmoil coupled with supply and demand troubles have not been enough to restrain home sales, which continue remain on a strong path supported by positive labor gains.

The nationwide homeownership rate in Q1 fell back to near the five-decade low from last year. But for one particular demographic, the rate is on the way up.

After many years of slowly adopting new technology, increased regulatory scrutiny is forcing the hand of the mortgage industry; and organizations are trying catch up at breakneck pace. This 5-step method gives lenders a map toward EAD implementation. Editor's note: This select print feature appears in the April 2016 edition of MReport magazine, available now.

Mortgage rates and applications had been on a continuous trend of low rates and high applications, but they have now changed course and are heading in an opposite direction.

Pending home sales returned with a vengeance in March to the highest reading since May 2015, despite inventory deficiencies and rising home prices.

Young homeowners face many barriers of entry in the housing market, but these young buyers are using an alternate source of funding to get a mortgage loan.