Heading into 2016, the majority of the mortgage industry is still struggling to comply with the CFPB's Know Before You Owe mortgage rule, or the TILA-RESPA Integrated Disclosure ...
Read More »The MReport Webcast: Wednesday 12/23/2015
The National Association of Realtors reported on Tuesday that existing-home sales dropped off in November to an annual rate of about 4 point 76 million, the slowest pace ...
Read More »The MReport Webcast: Tuesday 12/22/2015
Peer-to-peer lending, or crowdlending to unrelated people done outside of financial institutions has seen robust growth in recent years, especially among homeowners. National Association of Home Builders’ analysis ...
Read More »The MReport Webcast: Monday 12/21/2015
Fannie Mae and Freddie Mac recently made headlines when congress members said that the GSEs had a monopoly on their credit scoring system due to their singular use ...
Read More »The MReport Webcast: Friday 12/18/2015
It's no secret in the industry that mortgage lenders have eased credit standards, but the real kick is that lenders expect this continue into the upcoming year. Fannie ...
Read More »The MReport Webcast: Thursday 12/17/2015
The Federal Reserve made the long-awaited, much-anticipated announcement on Wednesday afternoon that federal funds target rate will increase by a quarter of a percentage point from its near-zero ...
Read More »The MReport Webcast: Wednesday 12/16/2015
Fannie Mae and Freddie Mac may soon be made to offer mortgages for homes in 'underserved markets.' A new rule, introduced Tuesday, requires the Federal Housing Finance Agency ...
Read More »The MReport Webcast: Tuesday 12/15/2015
Looser credit standards brought an influx of first-time homebuyers in November 2015. First-time buyers made up 56 point 7 percent of primary owner-occupied home purchase mortgages with a ...
Read More »The MReport Webcast: Monday 12/14/2015
As of now, Fannie Mae and Freddie Mac only consider the FICO credit scoring model when making mortgage purchase decisions. A recently introduced bill is trying to change ...
Read More »The MReport Webcast: Thursday 12/10/2015
The housing industry has become so accustomed to believing that renting is a popular trend and option among the millennial generation. However, research from the Joint Center for ...
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