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Market Studies

How the Industry Will Get eClosing Wrong

Commentary is an ongoing series on theMReport.com that focuses on opinions, ideas, and insights from experts across mortgage banking. We all have read the results from the CFPB eClosing pilot and can all see the tremendous benefits of eClosing. However, many lenders will get it wrong on their first attempt. Mark McElroy, President and CEO of Pavaso, Inc., says that the reason for this is short-sighted approaches based poor assumptions.

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SFR Investors Must Consider Jobs, Yields, & Home Prices in Housing Markets

The data, which examined 55 of the largest metro areas across the country to determine the best markets for single-family home investors looking at median price, average gross rental yields, year-over-year job growth, and home affordability, showed that the top investment market is Charlotte, North Carolina due to its strong job growth.

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