The Census Bureau released its second quarter homeownership and vacancy data, revealing a jump in the homeownership rates among young Americans from last year. What is driving more millennials to the housing market?
Read More »Residential Prepayment Rates Picking Up ‘PACE’
Prepayment rates are accelerating among the residential property assessed clean energy originators, according to a report. Here are some factors that could be fanning that increase.
Read More »45,000 Reasons to Have Very Good Credit Scores
Everyone knows that having a high credit score has significant benefits. Click through for the findings of a study that puts real numbers to the test to determine how credit scores impact savings over the life of a loan.
Read More »New Home Sales Paint a Favorable Picture
Despite slipping in June, the overall trends for the growth of new home sales remain positive, especially for affordable homes, according to experts. Here’s why.
Read More »Ideal Home Features vs. School Districts
Although they figure prominently on most people’s amenity list, U.S. homebuyers will put the brakes on some “must-have” features if it means securing a home in a desirable school district, according to a report. Here’s what they’re willing to forego.
Read More »Mortgage Lending: An Innovative Space
Eric J. Schuppenhauer, President of Home Mortgage at Citizens Bank gives his insights into the cyclical nature of the industry, innovation in a higher rate environment, and why it’s important to be passionate about your work. Editor’s Note: This feature originally appeared in the July issue of MReport.
Read More »Making a Case for Disaster Preparedness
How can the mortgage servicing industry work together to be better prepared for when a disaster strikes? The Five Star Institute’s Disaster Preparedness Summit hosted by DIMONT and Five Brothers on Wednesday tried to answer this question. Here are some key takeaways from the event.
Read More »Why Lenders Need Technology to Remain Competitive
It’s almost impossible to start any trend article on mortgage lending without recognizing a recent statistic that has far-reaching implications for the mortgage industry. $8,957. That’s the cost ...
Read More »Housing Supply vs. Home Sales
Persistently low inventory is defining this year’s housing market and contributing to slower sales, especially in the western region of the country, a report found. But here’s the silver lining for homeowners and sellers.
Read More »House Bill Amends Truth in Lending Act
The House Financial Services Committee today passed a bill amending the Truth in Lending Act that clarifies points and fees in connection with a mortgage loan. Here are the details of the bill.
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