Origination

Shortly after the Federal Reserve's decision to raise the federal funds rate in December 2015, mortgage applications started to fall. Is the Federal Reserve's rate hike to blame or was it really just a seasonal drop off?

Existing home sales suffered a major blow in November of 2015, falling an unheard of percentage month-over-month, which some economists felt was just a temporary fallback for a huge comeback.

The TILA-RESPA Integrated Disclosure rule has been shaking up the mortgage industry since October 3, 2015, and in turn, causing lenders everywhere to completely alter their loan origination procedures.

Franklin American Mortgage Co. agreed to pay the U.S. government $70 million this past week to resolve allegations that the lender originated loans which failed to meet Federal Housing Administration guidelines.

New single-family home sales experienced continued growth in November, with the number of new home sales increasing on a seasonally-adjusted annual basis the U.S. Census Bureau and HUD reported Wednesday.

As the mortgage lending industry moves into the future, the next clear step for most lenders is to fully embrace next-gen tech solutions that will allow borrowers to complete their loan originations completely online.

The government-sponsored enterprise expects 2016 to bring a ‘Jekyll and Hyde’ mentality to housing, despite the expected, negative influence of rising interest rates throughout the year.

One of the major drivers of November’s dropoff in the pace of existing-home sales is likely the implementation of the “Know Before You Owe” mortgage rule, commonly known as the TILA-RESPA Integrated Disclosure rule, which went into effect on October 3.

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Wade Betz, VP of Sales at Guardian Mortgage explains how the holidays, although slow, can be the perfect time to ramp up lead generation.

Peer-to-peer lending, or crowdlending to unrelated people done outside of financial institutions has seen robust growth in recent years, especially among homeowners.