News

Analysis of the data says homebuyers are “out in force” despite available properties falling.

Low-interest rates are giving many a boost in achieving homeownership, however, the spread of COVID-19, rising home prices, and falling inventory are turning the American Dream into a nightmare. This story originally appeared in the June edition of MReport.

The Administration announced in a Mortgagee Letter that requirements would be relaxed through August.

Click through to read more on the national inventory and new for-sale listings.

A rule aimed at modernizing the Community Reinvestment Act received sharp criticism for weakening the act.

Scott Lindner, National Sales Director of Mortgage Lending, TD Bank spoke with MReport about the different products available and how the markets is changing for borrowers with high student debt.

New analysis comes after the average rate for a 30-year fixed-rate mortgage fell below 3.2%.

The pandemic has caused several business, compliance, and logistical challenges for lenders and servicers.

Several markets reported loans defects of more than 30%. Click through to read more.

Commentary on the report called the increase a “spectacular recovery” and a testament to desire of the American consumer.