Fannie Mae has announced the launch of its Multifamily Positive Rent Payment Reporting pilot program, aimed at helping renters build their credit history and improve their credit score. Beginning September 27, 2022, eligible ...
Read More »Q2 Experiences Steep Home Price Hikes
ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...
Read More »Lender Trend Watch: Signing Bonuses, Structure, Data, and Tools
Signing bonuses are a widespread practice within the mortgage business, and STRATMOR Group Senior Partner Jim Cameron analyzed the industry’s approach toward them by highlighting how bonuses are structured, and how new data and tools can help lenders understand more about the potential of the loan officers they're retaining.
Read More »Planet Home Lending Expands Team to Portland
Planet Home Lending, LLC, has announced the launch of its new team in Portland, Oregon, led by Area Sales Manager Tim Hattan, Sales Manager Tom Bond, and Loan ...
Read More »CFPB Issues Memo to Increase Consumer Protections
The Consumer Financial Protection Bureau (CFPB) has recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA) bars lenders from discriminating against customers after ...
Read More »Ginnie Mae Aiding with Liquidity Issues Due to COVID-19
A release states the program should be used as a “last resort” and any money borrowed is to be paid back.
Read More »Lenders Report Profits on ‘Solid Ground’
Strong economic conditions are pushing both lender profits and mortgage rates into stronger areas.
Read More »Easing the Way for LEP Mortgage Customers
Here’s how lenders can leverage machine-assisted language translation to serve mortgage customers who are limited by their knowledge of the English language.
Read More »Partnering for SFR Growth
How can investors and lenders work together to grow the market for single-family rental properties? Experts focused on the challenges and opportunities in this market during the Single-Family Rental & Investment Roundtable at the 16th annual Five Star Conference.
Read More »Finicity Eases the Verification Process
Finicity's new Verification of Income and Employment solution will speed up borrower verifications and advance the industry's shift to become fully digital.
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