First-time buyers may want to turn their attentions toward suburbs in 2016. As home prices are showing no signs of slowing down, affordability becomes a larger issue when purchasing a home.
Read More »Home Prices Rise Marginally in September
Black Knight Financial Services' Data and Analytics division released its September 2015 Home Price Index report, finding that U.S. home prices rose marginally by 0.1 percent in September.
Read More »Portfolio Lender TD Bank Braces for Lending Growth
During the mortgage crisis, portfolio lenders like TD Bank stood out as financial institutions that embraced the idea of quality underwriting and lending—especially since they kept loans in-house, taking the risk on their own balance sheets.
Read More »Ocwen Reintroduces Stock Repurchase Program
Ocwen Financial has re-initiated its two-year-old stock repurchase program after a nine-month suspension, according to an 8-K filing with the Securities and Exchange Commission.
Read More »Mortgages Lose Out If Borrowers Have to Choose What Type of Debt to Carry
A new article from Credit.com suggests that when given a choice between different types of debt, fewer consumers take out home mortgages and are much more likely to carry other kinds of debt.
Read More »Opportunity Knocks
The housing downturn tested the mortgage industry. Pacific Union Financial, LLC, rose to the challenge and found its own niche in the marketplace. Editor's note: This select print feature appears in the November 2015 edition of MReport magazine, available now.
Read More »HomePlus Mortgage Ranked First Among LendingTree Customers
When it comes to customer service, responsiveness, mortgage rates and closing costs, HomePlus Mortgage ranked first in a poll of loan customers conducted by online lending marketplace LendingTree.
Read More »Zillow Joins Google on Mortgage Shopping Platform
Zillow Group recently announced that the company has joined the Google Compare for Mortgages platform to offer consumers a heightened mortgage shopping experience.
Read More »Single-Family Rental Securitizations Grow in Value
While the single-borrower single-family rental securitizations in Kroll Bond Ratings Agency’s rated universe has seasoned only 10 months on the average, the properties that have securitized are appreciating in value.
Read More »Mortgage Interest Rates Fall in October With No Help From the Fed
The Federal Housing Finance Agency announced Tuesday that interest rates on conventional purchase-money mortgages fell even further below 4 percent in October.
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