Origination

So now that the rates are higher, mortgage industry professionals are now wondering how this change will be impact their business moving forward into the new year. Several executives sat down with MReport to give their thoughts on if the housing market will thrive, stall, or completely shatter in the near future.

Now that the Federal Reserve has raised the federal funds target rate, which will impact interest rates, prospective homebuyers are probably weighing their mortgage financing options.

Many factors have been contributed to the lessening number of young homeowners over time—excluding a brief spike during the housing boom—but this may be about to change in the near future.

Careless underwriting standards is causing an influx of credit risk in bank lending portfolios, which could be a huge mistake for these lenders over the long-term.

Tomorrow all eyes are on the Federal Reserve, and the housing industry could experience a shake not felt in over nine years. The industry has been practically holding their breath anticipating what the Fed may or may not do after the Federal Open Market Committee wraps up its last meeting of the year.

The proposed regulation will require the GSEs to serve three underserved markets including manufactured housing, affordable housing preservation, and rural markets.

While the 2016 housing market is expected to experience a decline in activity, many economist believe that this slowdown could be a positive for the industry.

The American Enterprise Institute's International Center on Housing Risk believes looser credit is the direct result of job market improvements, riskier mortgage lending, and low mortgage rates.

The industry has done much talking about where America's most-talked about generation—the millennials—are moving in the coming year. Let's dial the lens back a little to explore where retirees would like to settle in 2016 after they have wrapped up their career.

The TILA-RESPA Integrated Disclosure (TRID) shook the mortgage industry over two months ago, and it's after-effects are still being felt around the industry.