With household income lagging and home prices continuing their upward climb, fewer buyers are able to afford a home in today's housing market
Read More »Millennial Household Formations Missing in the Housing Market
Research has shown that many millennials choose to live with their parents instead of establishing their own household. Is student debt and unemployment keeping them from buying a home?
Read More »Top 10 Worst Cities for Investors to Purchase a Home
Housing markets across the nation have seen some major growth in home prices and sales over the last two years, but there are some markets are still lagging behind.
Read More »A Credit Situation: Gender Affects Ability to Obtain a Mortgage Loan
A borrower's credit score could be adversely affected by gender, according to a recent study. Typically, men have an average credit score of 630 out of 850, while women have an average score of 621 but the factors behind these scores is where the story gets interesting....
Read More »LoanDepot’s imortgage Welcomes Two Senior Production Executives
National nonbank lender and division of loanDepot, imortgage, recently announced the appointment of two senior production executives, Mary Bane and Jim Weir.
Read More »Are Mortgage Lenders Easing Credit Standards too Much?
Although lenders are being selective in who they lend to in terms of credit score, overall, mortgage lending standards have eased every quarter over the last two years. Could this be the beginning of yet another financial crisis?
Read More »Deutsche Bank Prepares to Tackle Legal, Law Enforcement Troubles
Since the close of the financial crisis, Germany's largest bank has faced several settlements related to violations of U.S. sanctions, rigging of interest-rate benchmarks, and allegations that it defrauded mortgage issuers Fannie Mae and Freddie Mac.
Read More »3 Ways Alternative Data Offers Mortgage Lenders a Competitive Edge
As new credit populations emerge in the housing market and competition among lenders heats up, other data avenues must be considered to accommodate new borrowers.
Read More »Affordability Concerns Constraining Homeownership
Although rents continue to rise at a rapid pace, many Americans are still shying away from the real estate market due to down payment and credit score troubles.
Read More »Did TRID Really Hinder Home Sales?
Many in the industry believed that the The TILA-RESPA Integrated Disclosure (TRID) rule was the culprit behind the huge decline in existing-home sales in November 2015.
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