This complex generation stirs up a lot of talk in the mortgage industry, mostly because they have come to be known as the financially unstable and indecisive, renter generation in the housing market.
Read More »Single-Family Housing Starts Make a Comeback
Home building in the U.S. picked up again in April after reaching the slowest pace in seven months, easing some of the previous concern surrounding the construction sector.
Read More »HARP Reaches Another Milestone
For a program that was only supposed to be temporary, The Home Affordable Refinance Program (HARP) is still going rather strong.
Read More »TRID’s Mixed Reviews 6 Months Later
Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?
Read More »Builders Sing the Same Tune for 4th Straight Month
Home builders' sentiment toward the single-family housing market has held firm over the last few months, showing slow, but continued progression in the single-family sector.
Read More »The Effect of the CFPB’s Arbitration Rule on Lenders
The CFPB's push to cut off lenders’ ability to include clauses prohibiting borrowers and bank account holders from filing or joining class action lawsuits in their contracts comes with a price.
Read More »The Week Ahead: The Certain Future of Existing Sales
Although the market may be facing challenges such constrained inventory and home price appreciation outpacing wage growth, existing-home sales have a bright future ahead, according to industry economists. Where will existing-home sales land this week?
Read More »The Mortgage Market’s Best Kept Secret
There is one growing sector of the housing market that often flies under radar of industry attention: the rural housing market. But it's definitely making some noise now.
Read More »Another Bank Settles False Claims Act Allegations
M&T Bank Corp., agreed to pay the U.S. to resolve claims that it violated the False Claims Act by knowingly originating and underwriting single-family mortgage loans insured by the FHA that did not meet the mortgage insurer's requirements.
Read More »Title Companies Navigate Murky TRID Waters
Lenders and servicers are not the only ones finding themselves wading through the murky waters of regulatory compliance. Recent rule changes germinating in the mortgage industry have shaken up business as usual at title and escrow companies. Editor's note: This select print feature appears in the May 2016 edition of MReport magazine.
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