While several factors have played into affordability issues for many in attaining homeownership, Adam Mercado of ClearPath Lending stresses that timing and patience are key for this segment in today’s housing finance landscape.
Read More »One-Third of Homeseekers Looking to Migrate
People are leaving high-cost cities on the coasts in droves, seeking out warmer climates and cheaper housing. Here’s what the data reveals.
Read More »Pushing Mortgage Underwriting Further Into the Digital Age
Andy Sheehan of Finicity explains how Freddie Mac’s Loan Product Advisor acceptance of direct deposit data to assess income, payroll, and account transactions data for verification of employment can enable digitization through open banking.
Read More »Habitat for Humanity and the VA Partner to Increase Veteran Homeownership
New partnership geared toward expanding homeownership opportunities among the nation’s veterans will partially subsidize homeownership expenses and cost-burdens for up to 10 or 15 years for qualified candidates.
Read More »CFPB Circular Addresses Potential Misuse of Personal Financial Data
The Bureau notes that Inadequate authentication, password management, or software update policies or practices are likely to cause substantial injury to consumers.
Read More »Bidding Wars Becoming Less Common
Now recording its sixth month of decline, homebuyer competition has now fallen to levels seen during the initial throes of the pandemic. According to Redfin, 44.3% of home ...
Read More »Fairway Independent Mortgage Adds Three Execs
The addition of Scott Bristol, Brian Chick, and John Lowe continues the mortgage lender’s aggressive nationwide originator expansion.
Read More »Webinar Spotlight: Insights Into Virtual Appraisals, Borrower Communications & More
Explore the latest installments of the Five Star Webinar Series with subject-matter insights into an array of industry topics.
Read More »New Desktop Appraisal Rules: Today’s Pains and Tomorrow’s Gains
John Dingeman of Class Valuation describes how technology in the appraisal space has made the process significantly more efficient for eligible loans.
Read More »The Average Home Cost Has Surpassed $400k For First Time
Despite market influences that are pushing up mortgage rates and slumping home sales numbers during the second quarter of 2022, most metropolitan areas still saw double-digit annual price ...
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