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Outside of pockets of extreme growth such as Silicon Valley, today’s consumers seem to be holding onto their money rather than putting it into a home. In response, the mortgage industry must evolve to reach the first-time homebuyer, and understanding millennials is the key.

Experts conducted a survey of 2,000 Americans on home size, and although almost all respondents had a preference, bigger is not always better.

The five major measuring tools used to rank each state for first time buyers were housing affordability, the job market for young adult, housing market tightness, credit availability, and homeownership among the under-35 crowd.

The race is on for prospective homeowners who are competing with others also looking to buy in similar areas, price ranges, and home sizes as demand outpaces supply.

NAFCU CEO says that consumers need to be protected, but that credit unions did not participate in the illegal activities that led to the 2008 financial crisis and therefore should not be regulated by the CFPB.

Global solutions provider CoreLogic has rolled out a new data and analytics platform geared to whole loan traders and servicers. Dubbed CLEAR (short for CoreLogic Lien Analytics Radar), the ...

Experts predict that home sales activity will likely be choppy in coming months as buyers compete for the meager number of listings in their price range.

Owners in Generation X are willing to spend more on home renovations compared to any other generation at 72 percent—learn where HELOS and renovation loans stand among homeowner options to pay for these projects.

"We are excited about the opportunity of adding a significant number of talented mortgage professionals and establishing a new operations center for LenderLive in Jacksonville,” said Rick Seehausen, LenderLive CEO. “The arrangement accelerates our long-stated imperative of driving scale and operating leverage in our private label Mortgage Solutions business.”

“Westcor Specialty will create products and services to tap into new segments of the marketplace and will have a strong focus on technology,” explained Mary O’Donnell, President and CEO of Westcor Land Title Insurance Company.