Monthly sales have dipped, but that's likely due to short inventory. Economists address this and other market metrics in a report released Thursday.
Read More »Where U.S. Residents Are Suffering Most From Pandemic Fallout
While East Coast states appear more vulnerable to the effects of COVID-19 and its continuing impact on the U.S. economy, those in the West seem most resilient—more in Q1 study from property data researchers.
Read More »FHFA Announces What Might Be Final Loan-Flexibilities Extension
Due to fewer borrowers utilizing the agency’s COVID-19-related allowances, Wednesday’s extension, which keeps flexibilities in place through May, could be the last.
Read More »Why Many Local Homebuyers Are Being Shut Out
Economists say local residents looking to buy their first home or relocate within their hometown are losing out because of out-of-towners' big budgets.
Read More »Lenders Consider Post-Pandemic Return to Office
Most who responded to a recent survey agreed that remote work has led to a more productive workforce, but does that mean managers will continue allowing staffers to telecommute?
Read More »What is Disrupting the Steady Climb of Mortgage Rates?
The 30-year fixed-rate mortgage (FRM) averaged 3.04%, another decrease this past week, according to Freddie Mac, which Thursday released the results of its Primary Mortgage Market Survey (PMMS). ...
Read More »Analyzing the Swift ‘Shift in the Mortgage Originations Landscape’
An inaugural monthly market report reveals trends that analysts say are direct results of interest-rate increases.
Read More »Shift to Purchase-Dominated Market Increases Fraud Risk
An economist offers insight into the latest loan application defect report, including some thoughts on how the rise in mortgage rates will impact refinancing and, as a result, increase risks for lenders.
Read More »Michigan First Credit Union Implements CompenSafe by LBA Ware
The regional credit union will automate commissions for loan originators and loan originator assistants with LBA Ware’s incentive compensation management platform.
Read More »Sprout Streamlines Premier Jumbo Full Doc Program
Sprout’s new Automated Underwriting System Express feature will provide a streamlined employment and income documentation approach for its Premier Jumbo Full Doc Program.
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