Freddie Mac reports the fixed-rate mortgage has fallen to its lowest level since mid-September, as buyers begin to return to the market ahead of the spring homebuying season.
Read More »Rise in Refis Steers App Volume Upward
The MBA reports a continued rise in borrower demand, as mortgage application volume rose for the third consecutive week, led by gains in both purchase and refi activity.
Read More »Nicole Booth Promoted to CEO of QC Ally
Former Rocket Mortgage executive is promoted to the CEO role of firm specializing in enterprise quality control, audit, and risk management needs.
Read More »Appraisal Turn Times Show Improvement in 2022
A new study by Reggora has found that over the last 12 months, the time to process an appraisal has dropped steadily as volume has become more manageable per appraiser.
Read More »DOJ Agrees to $31M Redlining Settlement With City National Bank
Through this latest agreement, the Justice Department’s Combating Redlining Initiative has secured more than $75 million dollars in relief for communities that have suffered from lending discrimination.
Read More »Mortgage Rates Continue to Tumble
For the second consecutive week, mortgage rates have dipped, providing a much-needed boost to the housing marketplace and sparking a rise in overall mortgage app volume.
Read More »A Unique Market Calls for an Innovative Approach
Content marketing is no longer a fad, and Alayna Gardner of LodeStar explains why lenders and service providers need to hone their own content.
Read More »Mortgage Apps Surge With Near-30% Weekly Rise
As the fixed-rate mortgage fell to a near-five-month low, prospective buyers and those seeking refis brought life into the marketplace, boosting mortgage apps 27.9% over last week’s totals.
Read More »Better Days Ahead?
Some of the pain the mortgage industry is experiencing is self-inflicted and can be corrected, as Louis Zitting of MonitorBase explains there is still time to pivot, salvage what’s left, and develop a path forward to experience success.
Read More »The Science of Appraisals
Fannie Mae’s Jake Williamson and Appraisal Institute President Craig Steinley share their perspective with MReport about how the industry is working to improve the appraisal process in 2023.
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