Editor's note: This story was originally featured in the February issue of MReport, out now. There’s no doubt the 30-year fixed-rate mortgage is the American housing market’s most ...
Read More »The Future of Lending Can be Found in Fintech
Technological innovation is changing the way the mortgage industry works, and the model followed by lenders who have embraced technology such as end-to-end online mortgage application and approval ...
Read More »Mortgage Applications Decrease as Rates Rise
Mortgage applications decreased 6.6 percent from a week earlier as rising interest rates made the prospect of buying a home more costly for potential homebuyers. According to data ...
Read More »Trigger Leads Are Hurting Borrowers
The National Association of Mortgage Brokers (NAMB) wrote to Congress on Wednesday seeking a ban on the sale of trigger leads for mortgages through the PROTECT Act of ...
Read More »More Borrowers Opt for Refis
Refinance loans saw more closings than any other mortgage loan in January, with refis representing 45 percent of all closed loans, according to the monthly Origination Insight Report ...
Read More »Exploring the Impact of Proposed Housing Finance Reform
According to an analysis by the Urban Institute, proposed housing finance changes being discussed by the Senate Banking Committee would provide better-targeted support for low- and moderate-income (LMI) ...
Read More »Mortgage Balances Lead Increase in Household Debt
Household Debt, led by mortgage debt, increased substantially in 2017 as the economy continued to grow for the fifth consecutive year, according to the Quarterly Report on Household ...
Read More »House Passes TRID Improvement Act
On Wednesday evening, the House passed two regulatory relief bills are aimed at benefiting both consumers and lenders. The TRID Improvement Act of 2017 is aimed at modifying ...
Read More »Lower Mortgage Rates in November Increase Refis
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 »Taking the Plunge
Editor's note: This story was originally featured in the February issue of MReport, out now. The mortgage industry has always touted the long-term financial benefits of homeownership for ...
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