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 »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 »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 »Understanding the Housing Needs of an Underserved Community
A recent Fannie Mae survey gave insights into what having a home meant for native American households, who are one of the most underserved populations. Here’s what it found.
Read More »Going Online: How Borrowers are Connecting With Lenders
As the adoption of digital mortgage solutions improves the loan process, a new survey looked at digital trends and preferences of borrowers. What can lenders learn from these trends?
Read More »Addressing the Question of Home Affordability
While home ownership has rebounded to post-2008 highs, communities around the country are challenged by affordability as home prices continue to move north. What can be done to help increase home ownership in such circumstances?
Read More »Reverse Mortgage Rules Receive an Update
The Federal Housing Administration recently announced that it will begin requiring lenders originating new reverse mortgages, to provide a second property appraisal under certain circumstances. Find out what circumstances call for a second appraisal.
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