With more lenders integrating artificial intelligence and machine learning into their business practices, Fannie Mae has released a survey that tackles industry sentiment across about the advent of AI.
Read More »Credit Scores Count in a High Rate Environment
A report analyzing the annual percentage rates for borrowers found that APRs had risen to their highest in the year in September. Here’s why borrower credit scores are likely to play an important role while looking for the best mortgage rates.
Read More »Glen Messina Takes Over as Ocwen CEO
Ocwen Financial, which completed its acquisition of PHH Mortgage on Thursday also announced that Glen Messina would be taking over as the President and CEO of Ocwen. What are the synergies that this merged entity brings?
Read More »Younger Loan Applicants Choosing to Remain ‘Conventional’
Anyone looking to understand the housing market would do well to heed data on homebuyers and borrowers who make up the essential millennial age-group. A new report found pinpoints the types of loans this demographic is seeking.
Read More »MReport October: Understanding the Millennial Mindset
From expert advice on how lenders can better reach out to the hottest buyers on the block, to how machine learning innovations can help lenders and borrowers alike, here’s a peek at what’s inside the October issue of MReport, out now.
Read More »Sanders’ Legislation Aims to Shrink the Size of Big Banks
Sen. Bernie Sanders and Rep. Brad Sherman have introduced legislation aimed at breaking up the nation’s biggest banks and financial institutions. Here's what it means for the industry.
Read More »Measuring Mortgage Market Strength
With increases in equity, the total value of the housing market has continued to increase in 2018. Find out what else has contributed to the strength of the market.
Read More »The Top Cities for Millennials to Buy a Home
As more millennials look at entering the housing market, a new quarterly report looked at which cities are the most affordable on the pocket of young American homebuyers, while providing plenty of job opportunities. Here’s what it found.
Read More »The Effect of Slow Home Appreciation
With both, mortgage rates and home prices rising steadily, a new report points at the impact of these factors on affordability for first-time homebuyers as well homeowners looking to trade up. Here’s what it found.
Read More »The ‘One Time’ Cost of Buying a Home
While the down payment makes up the bulk of the initial costs for home buyers, there are other factors buyers should consider. What else contributes to the one-time costs of buying a home?
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