A U.S. senator is calling out the Federal Reserve for what he perceives as a lack of transparency and accountability on the part of the central bank.
Read More »Millennial Homebuyers are Fleeing to the ‘Burbs
Despite popular beliefs, the millennial generation will eventually want to transition from their fast-paced, renter lifestyle into a single-family home with a mortgage, but the real surprise is where these young homebuyers are choosing to settle down.
Read More »Mortgage Rates Climb for the Second Time This Year
Interest rates for mortgage loans, which continue to remain at historic lows, saw another increase for the second time this year. Will mortgage rates continue their upward path?
Read More »Uptick in Second Mortgages May be a Sign of Economic Stability
Given that most of the news about the homebuying market these past few years has focused on violate financial markets, up and down home sales, and fluctuating interest rates, it may seem easy to overlook a basic question—is anyone diving into the housing market for a second time and what does that mean for the economy?
Read More »The Age of Data Fusion: How Lenders Can Use Alternative Data to Score Borrowers
There are new segments of the population emerging that include millennials, minorities, immigrants, and rural dwellers, and the typical FICO score evaluation just won't cut it for lenders.
Read More »Will Underwater Mortgage Borrowers Ever Come Up for Air?
Negative equity is down to 13.1 percent nationwide, but is still a nagging problem choking real growth and limiting new inventory, according to a new report by Zillow.
Read More »CFPB Director: Mortgage Credit is “Still Too Tight, In My View”
Consumer Financial Protection Bureau Director Richard Cordray called attention to the mortgage industry, particularly lenders, in a speech on Wednesday, where he highlighted some of the progress and pitfalls that the housing market faces.
Read More »3 Ways Lenders Can Increase Their Purchase Mortgage Origination Business
Lenders One Interim CEO Dan Goldman sat down with MReport to explain why lenders are so optimistic in the housing market today and what they can do to reach untapped borrowers and grow their origination business.
Read More »It’s Not Your Father’s Mortgage Industry Anymore
Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. Paul Anastos, President of Mortgage Master, explains the evolution that the housing market has gone through over the last few decades and how lending has changed for the better.
Read More »Mortgage Applications Heat Up, but Refinances Cool Down
Stock market and Treasury yield volatility continued last week and so did the downward trend of mortgage rates, which opened up more opportunities for refinancing, but mortgage applicants did not take advantage of theses savings.
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