Refinances by the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac increased in December 2017, according to the Fourth Quarter Refinance Report released by the Federal Housing ...
Read More »The Hidden Costs of Owning a Home
There’s more to the cost of owning the home than mortgage and down payment of a house. According to a survey by personal finance website, Bankrate.com, The average ...
Read More »Homeowners’ Value Perception Takes a Tumble
After seizing positive numbers for seven months straight, the disparity between an appraised value and homeowners’ expectations of the said value expanded in January, according to Quicken Loans’ National ...
Read More »How Did Fannie’s Q4 Numbers Fare?
On Wednesday, Fannie Mae released its Q4 2017 financial statement, and as expected, the GSE posted major losses for the quarter. It also posted an annual revenue in 2017 that was ...
Read More »Can Blockchain Shift a Reliance on Paper?
Despite using technology to store data, the industry still relies on paper for support documentation. This may no longer be needed with new technologies and apps filling the gap.
Read More »Former Capital One Exec to Lead Citizens Bank Mortgage Biz
The mortgage industry was shaken in November 2017, when Capital One announced that it would be moving out of the lending business and closing its Mortgage and Home ...
Read More »Increasing Prices, Decreasing Inventory
2017 ended with some high home prices, as well as a record low inventory. This may be forcing some potential buyers to reconsider, and keep others out of the market entirely.
Read More »Mortgage Apps on the Rise
Strong economic fundamentals and a growth in jobs were complemented by a rise in the number of people buying homes at the beginning of 2018 according to data ...
Read More »Top 10 Cities for First-time Homebuyers
Buying a home can be a daunting task for a first-time homebuyer in the current market, with its housing price increases and a shortage of inventory. Unlike homebuyers ...
Read More »When It Comes to Mortgage, Automate
Stacey Caster is VP, Technology Communications at Quicken Loans, where she previously worked as Director of Telecommunications. Prior to joining Quicken Loans, Caster was Director of Infrastructure Operations at ...
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