A Chase mortgage survey found that homeowners are struggling with a fear of missing out on other opportunities and are beginning to search for homes on digital platforms.
Read More »What’s Holding Back Millennials From Homeownership?
The millennial generation has been dubbed the generation that is not interested in purchasing a home, whether it be due to renting, living with their parents, or because they are saddled with student loan debt.
Read More »The Domino Effect of Compliance
Regulatory requirements have set off a chain reaction of events in the mortgage industry, causing mortgage companies to ramp up their compliance efforts, implement innovative technology, and plan for the future. Editor's note: This select print feature appears in the March 2016 edition of MReport magazine, available now.
Read More »NAFCU Calls on Subcommittee to Preserve Credit Union Tax Exemption
The National Association of Federal Credit Unions VP of Legislative Affairs, Brad Thaler, sent a letter to the Committee on Ways and Means Subcommittee on Tax Policy, urging them to keep the credit union federal tax exemption as they consider tax reform proposals.
Read More »Is BofA’s New Mortgage Program a Substitute for FHA Lending?
Bank of America's Affordable Loan Solution program provides an alternative for low-income borrower but despite being an innovative solution to market demand, industry analysts feel it does not provide enough competition to substitute the FHA completely.
Read More »Parkside Lending Expands to Missouri Market
Parkside Lending, LLC, a national wholesale and correspondent lender, recently announced that it is expanding its lending services to the state of Missouri.
Read More »First-time Home Buyer Activity Rebounds After TRID Troubles
Now that the effects from the TILA-RESPA Integrated Disclosure rule have subsided significantly in the housing market, first-time buyer activity has resumed from the delays caused in the previous months.
Read More »Single-family Home Builder Revenue Nears Pre-Crisis Level
Home builders are performing well in their sector as profits trended upward for fiscal year 2014.
Read More »Shrinking Inventory Drives Existing-Home Sales Down
Existing-home sales suffered this month due to the continuous imbalance of extremely low inventory levels and rapid home price appreciation.
Read More »Mortgage Lenders Cautious of High-Risk Borrowers
The non-qualified mortgage loan market has originators a bit wary toward borrowers and questioning if the risk is really worth it.
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