Could record-low rates drop further, possibly near 3%? Joe Tyrrell, COO, Ellie Mae, delves into the current refinance boom and if millennials can achieve homeownership in this market. This feature originally appeared in the June issue of MReport.

Total mortgage activity increased more than 9% and analysis credits the gains to states reopening their economies and low mortgage rates.

Other reports include the announcement of a new VP of National Business Development and a new Regional VP for mortgage leaders.

This is the ninth consecutive month this volume has exceeded $50 billion and is a sizable increase from May.

Common factors each city shares is improved affordability and available inventory. Which metros made the list?

While the delinquency rate fell to 3.6%, analysis forecasts for “more widespread impact” on the delinquency rate from economic factors.

A new white paper discusses the future and potential long-term impacts the coronavirus could have on housing, and how “no amount of preparation” could have prepared the mortgage industry for the pandemic.

Carissa Robb, President and COO of Constant, discussed how the impact of COVID-19 differs from the Great Recession and how AI, automation, and technology can assist in the hardship process. This feature originally appeared in the June issue of MReport.

After reaching near all-time lows in prior months, Fannie Mae says the market is “substantially elevated” when compared to historical data.

The latest episode of DS5: Inside the Industry will also delve into how the pandemic affects millennials and their pursuit for homeownership.