Despite all signs pointing toward a growing housing sector—record-low mortgage rates, strong refinance activity, and falling interest rates—information from Axios shows homeownership rates are dropping across the ...
Read More »The Impact of Student Debt on Housing
J.P. Morgan Chase reports that student debt has doubled in the past 10 years to $1.5 trillion in 2018—second only to mortgage debt—and impacts 45 million borrowers. “Although ...
Read More »Variety is Key When Shopping for a Mortgage
Fannie Mae’s National Housing Survey revealed that more than one-third of homebuyers last year said they did not shop around before choosing their mortgage lender. “The choice to ...
Read More »The Week Ahead: Surveying the Market Landscape
The National Association of Home Builders (NAHB) will release its latest NAHB/Wells Fargo Housing Marketing Index on Thursday, August 15. July’s survey reported that shortages in labor and ...
Read More »California Bank Names New Chief Risk Officer
The Board of Directors of the Federal Home Loan Bank of San Francisco has promoted Greg Ward to EVP and Chief Risk Officer and promoted Arlene Coyle to ...
Read More »Risk-Based Pricing Tool Now Available on Digital Platform
National Mortgage Insurance Corporation (National MI), a subsidiary of NMI Holdings, Inc., announced that lenders using Tavant VELOX’s FinConnect integration platform for the financial services industry can now ...
Read More »Additions to App for Title Agents Announced
SLK Global Solutions, offering technology platforms and solutions for the financial services industry, announced that it has enhanced its SmartProp—a property search solution for real estate title agents ...
Read More »House Committee Briefed on FHA Distressed Assets Program
Maxine Waters, Congresswoman and Chairwoman of the House Financial Services Committee, said the Federal Housing Administration (FHA) “acted in haste” in its creation of the Distressed Asset Stabilization ...
Read More »Low Mortgage Rates Luring Investors into Housing Market
Although declining mortgage rates haven’t sparked the housing market, it has sparked interest in investors, as they are purchasing homes at a record pace, according to analysis from ...
Read More »Where to Find the Cheapest Mortgages in the Nation
Could where you live cost you more money? Howmuch.net listed the best, and worst states, to get a mortgage and found West Virginia to have the lowest monthly ...
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