Mortgage payments have gone up substantially over the last year, more than double the amount that home prices have. Will this trend continue? A research analyst with a global property data and analytics firm breaks down the numbers.
Read More »Despite Housing Shortage, Growth Prospects Hold Firm
Fannie Mae has released a report forecasting growth for the year 2018 and 2019, re-calibrating prior predictions in light of inventory shortages, mortgage rates, and trade tensions. Find out what’s changed and what hasn’t.
Read More »Castro: “I’ll Make a Final Decision After November”
Former HUD Secretary Julián Castro has said that he’s likely to run for President in 2020. Here are some of the issues he tackled during his tenure at HUD.
Read More »HELOCs on the Rise
Lending products that help owners tap into their home equity are poised to rise. What are borrowers using these loans for?
Read More »BofA CEO Moynihan Speaks on Housing Trends
Brian Moynihan, Chairman and CEO, Bank of America gave insights into the trends shaping the housing market at a recent industry event. Click through to learn what he shared.
Read More »Builders Bet on the Housing Market
A fall in lumber prices along with a continued solid demand for housing had home builders giving a positive view about the housing market, according to a new report. What factors are likely to impact this outlook?
Read More »Home Maintenance and Repair Projects on the Rise
A new report giving insights into single-family housing authorizations, existing housing maintenance and remodeling, found an increase in the annual volume of housing maintenance and remodeling projects. Here are the factors responsible for this rise.
Read More »The Impact of Lender Understaffing on Loan Quality
A new report on the quality of loans made to homebuyers shows the true cost for lenders struggling with staffing issues and what impacts defects in loan package documentation during the post-closing process.
Read More »Wells Fargo Amps Up Digital Home Lending
In its second significant digital initiative, Wells Fargo plans to begin purchasing eNotes from a select group of lenders. Click through to learn more about the bank's eNote strategy going into 2019.
Read More »A New Initiative to Reach LEP Borrowers
With the launch of its centralized clearinghouse of online resources, the Federal Housing Finance Agency, Fannie Mae, and Freddie Mac plan to help lenders, servicers, and other real estate professionals reach out to limited English proficient borrowers. Here how.
Read More »