While lenders have long touted the value have having the originator of a mortgage loan attend the closing, a recent analysis uncovered added benefits.
Read More »Does a Return to Pre-Crisis Norm Equal Recovery?
Industry experts have determined that if the housing market follows its current trajectory, the median home price in the U.S. will be equal to that of prices before the housing crisis by 2017.
Read More »New Single-Family Homes are Getting Smaller
The most recent housing starts report exceeded analysts' expectations. But while the industry may have seen an uptick in housing starts, apparently those new homes are getting smaller.
Read More »State AGs Back CFPB’s Arbitration Clause Ban
Earlier in August, 65 House Democrats wrote a letter to the CFPB urging them to pass their proposal to ban the use of arbitration clauses in business contracts. Now several state attorneys general are behind the proposal.
Read More »Is a Digital Brand Necessary for Lenders?
Many mortgage lenders have some type of online presence. But do they have a digital brand, a message, or image in the ever increasing online world? Do they need one?
Read More »Fed: September Rate Hike is Looking More Likely
Bad economic news at the start of the summer caused many analysts to predict that the Federal Reserve would not raise the federal funds target rate until December. Lately, however, forecasts are changing.
Read More »Here is What Determines How Quickly a Home Sells
Listing price, amenities, and housing characteristics are not the only factors that impact the number of days a house stays on the market, according to one analysis.
Read More »Let the Comments on TRID Begin
The CFPB published its proposed updates to TRID on Monday, opening the 64-day comment period on the controversial mortgage disclosure rule.
Read More »Fed Action May Not Mean Higher Mortgage Rates
The average 30-year FRM has now been below 4 percent for 32 consecutive weeks, the second-longest string in history.
Read More »Taking Stock of Housing Affordability
Despite economic growth and a national unemployment rate below 5 percent, the typical U.S. family still faces significant trouble buying a home.
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