For many years, buying a home has been considered to be a no-brainer and an obvious choice when compared to renting a home, but that perception has been altered as the housing market continues to change.
Read More »Are First-time Homebuyers Back?
First-time homebuyers have been touch-and-go in the housing market since the crisis, but that here today, gone tomorrow trend could be changing for the better.
Read More »The Week Ahead: Will Existing-Home Sales Recover From TRID Backlog?
The National Association of Realtors’ Existing-Home Sales report for December 2015 comes out on Friday, January 22. The industry will be waiting to see if the numbers will ...
Read More »BankUnited to Discontinue Retail Mortgage Originations
Bank United, a national bank headquartered in Miami Lakes, Florida with 98 banking centers in 15 Florida counties and six banking centers in the New York metro area, has announced that it will no longer be originating mortgages, effective immediately.
Read More »U.S. Bancorp, PNC Profits and Mortgage Revenues Decline
U.S. Bancorp and the PNC Financial Services Group Inc., reported Friday morning that net income at both banks is down from the previous year, and the results for mortgage banking revenues at both banks followed right along.
Read More »Connecting Millennials to Mortgages
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Monica Orluk, Director, Sales Engineering at Fiserv Lending Solutions advises lenders on how they can attract younger homebuyers with two simple methods.
Read More »TRID is Chaos, Right? Not So Fast
The introduction of the TILA-RESPA Integrated Disclosure rule, or TRID, in October has led to utter chaos in the mortgage industry—or so some would have you believe.
Read More »Here’s How Lenders can Make the Most of their Business this Year
Most economists in the mortgage industry project that the housing market will experience a slow down in activity in 2016, but that does not mean that lenders' businesses have to coast along too.
Read More »LenderLive Names New Regional Account Executive for its Correspondent Lending Division
Domestic-based, end-to-end mortgage services provider, LenderLive recently announced that Jenny Klamfoth will occupy the role of regional account executive for the company’s Correspondent Lending division.
Read More »Welcome to 2016: Here’s What Lenders Can Expect in the New Year
The new year is sure to bring about an array of changes for lenders. Some good, some bad, and some ugly. Read on to find out how lenders can put their best foot forward in 2016 and be prepared for what's to come.
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