The reason many members of the younger generation are slow to become homeowners is not because they don't want to, according to the HUD Secretary.
Read More »Quicken CEO Won’t Budge on DOJ Mortgage Allegations
Quicken Loans, the largest Federal Housing Administration lender in the country, is standing its ground in a government lawsuit for allegedly knowingly submitting claims for hundreds of improperly underwritten FHA-insured loans.
Read More »Mortgage Write-Offs Hit a 9-Year Low
In the first quarter of 2016, consumers appear to be demonstrating strong repayment practices, while taking advantage of continued low-rate environment, according to data from the April 2016 Equifax National Consumer Credit Trends Report.
Read More »Exploring the World of Online Marketplace Lending
The digital age has altered the way consumers and financial institution lenders are doing business, and the emergence of online marketplace lending, particularity in the mortgage space, has provided a medium for transactions to occur between the two from anywhere.
Read More »Does This Advocacy Group Have the TRID Answer?
Moody's Investor's Service gave a seal of approval for the Structured Finance Industry Group's TRID compliance proposal, noting that it is adequate to address compliance risks that are likely to cause losses to residential mortgage-backed securitization (RMBS) trusts despite uncertainties.
Read More »Varying Opinions on the Home Valuation Front
What homeowners think their houses are worth and what they’re actually worth are slightly off nationally, but the gap between owner estimates and real appraisals did close a little in April.
Read More »Mortgage Repurchases Say Farewell at Freddie Mac
Mortgage repurchases, a seemingly taboo subject in the housing market, are down significantly from their peak at Freddie Mac. What benefits does this phenomenon pose for the mortgage industry?
Read More »Metro Home Prices Surge Forward in Tight Market Conditions
An uptick in home sales coupled scarce supply levels kept home prices on the rising path in the majority of metro areas during the first quarter of the year.
Read More »3 Ways Cybersecurity Affects the Mortgage Industry
James M. Deitch, CEO of Teraverde Management Advisors, sat down with MReport to discuss the growing issue of cybersecurity and the potential risks it posses to the mortgage industry.
Read More »Servicers, Get Ready for Record Low Mortgage Modification Rates
Fannie Mae and Freddie Mac recently announced a big change to the benchmark mortgage modification interest rate that will help servicers.
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