While 2015 was a prosperous year for lenders, a tougher mortgage market lies ahead in 2016. With the Fed hanging at least four rate hikes over the industry, this could place damper on origination business operations.
Read More »Why Low Inventory Levels are Straining Homebuyers
With homebuying season quickly approaching and inventory levels not showing any improvement, potential buyers could be faced with more competition and bidding wars for homes they have set their sights on.
Read More »Existing-Home Sales on Solid Footing to Start 2016
After suffering a major drop in November 2015 and recovering with the largest monthly increase ever recorded in December, existing-home sales seem to have found their balance to start the new year.
Read More »3 Ways Lenders Can Improve Appraisal Compliance Operations
In the heavily-regulated mortgage environment we live in, appraisal compliance can easily become another tasks on a long list. Janice Buchele, SVP of Residential Operations at The William Fall Group explains how lenders can ensure that they are paying close attention to compliance efforts in appraisal operations.
Read More »Lenders: Automate and Innovate Before it’s Too Late
In a world where “time is money,” and lenders have much to lose when income and asset verification go wrong, automated verifications are the only viable solution. Editor's note: This select print feature appears in the February 2016 edition of MReport magazine, available now.
Read More »The Week Ahead: Will Existing Home Sales Find Their Balance?
Expect to see an influx of industry news in the last full week of February, including the highly-anticipated existing-home sales report from the National Association of Realtors. The last two reports on existing sales for November and December were hot and cold. Now, the industry is wondering what January's report will reveal.
Read More »5 Implications of Low Oil Prices on the Housing Market
The mortgage industry has been monitoring the huge decline in oil prices closely to see if it will have a negative effect on housing, but the truth is, there are both good and bad outcomes to this new crisis.
Read More »How a Decline in Labor Will Raise Home Prices
Zillow says there is a direct link to immigration and construction labor costs. See how this correlation will affect home builders.
Read More »FHFA Refocuses HARP Awareness Amid New Numbers
For a program that was only supposed to be temporary, HARP is still going rather strong as the Federal Housing Finance Agency makes one final push to get more homeowners refinanced.
Read More »Millennials Prefer HELOCs for Home Renovation Projects
Rising property values are making more homeowners more optimistic about renovating their homes, and Millennial homeowners in particular favor using HELOCs to help them finance their designs, a new study by TD Bank showed.
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