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Home >> News >> Origination

Residential AD&C Loan Volume Tight But Expanding

Residential AD&C Loan Volume Tight But Expanding

-+*Outstanding residential acquisition, development, and construction loan volume expanded 4.7 percent in the second quarter of 2015. The National Association of Home Builders found that AD&C loans grew for the ninth consecutive quarter, but availability of these loans remains tight, hindering home construction.

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MReport Announces its 2015 “Power Players” & “Leading Ladies” Honorees

MReport Announces its 2015 “Power Players” & “Leading Ladies” Honorees

-+*MReport’s August 2015 ‘Women in Housing’ issue highlights the accomplishments and achievements of the working women in the housing industry. In this issue, MReport introduces their 2015 “Power Players” and “Leadings Ladies” that are revolutionizing the industry. This issue is also dedicated to the issues women face in trying to obtain the dream of homeownership and a mortgage loan.

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Flagstar Hires President of Mortgage

Flagstar Hires President of Mortgage

-+*Flagstar Bancorp, Inc., recently announced that Leonard Israel has joined Flagstar as president of mortgage, where he will be responsible for all aspects of Flagstar's mortgage originations business. Israel will report to Flagstar President and CEO Alessandro DiNello.

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Mississippi Ranked Among Best States to Get a Mortgage; New York Ranked Among Worst

Mississippi Ranked Among Best States to Get a Mortgage; New York Ranked Among Worst

-+*Consumers that are looking to purchase a home must consider the varying mortgage rates and home prices in different states. GOBankingRates recently released a report, ranking all the states according to where it's easiest and cheapest to get a mortgage. The company reviewed all 50 states based on the local rates offered on 15-and 30-year fixed-rate mortgages in the first quarter of 2015, weighted with the average home listing price in the state.

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Report Finds Overland Park is the Best City for First-Time Homebuyers; Compton Deemed the Worst

Report Finds Overland Park is the Best City for First-Time Homebuyers; Compton Deemed the Worst

-+*When purchasing a home, consumers often analyze the home further than just the outward appearance. WalletHub released a report on Monday, reviewing the level of attractiveness for cities all over the U.S. to determine how attractive a home is to first-time homebuyers. The report found that Overland Park, Kansas is the best city for first-time buyers, while Compton, California was labeled as the worst city for first-time buyers.

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