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Millennial Homebuyers Go on a Shopping Spree

houses

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?

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45,000 Reasons to Have Very Good Credit Scores

credit scoring

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.

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Ideal Home Features vs. School Districts

housing optimism

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.

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Mortgage Lending: An Innovative Space

Citizens

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.

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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.

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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.

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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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