News

Although home prices have been on the rise for the last few years, Black Knight Financial Services says homes are much more affordable than the were prior to the housing crisis.

The newest business feature of the single-family rental market is comprised of large investors—backed by private equity—that use a buy-to-rent strategy, but how does this size up compared to professionally-managed apartment complexes and will these businesses last?

In the last few months of 2015, the economy grew weary, boosting worries that the American economy is losing its spark, according to the Bureau of Economic Analysis “advance” estimate for the fourth quarter of 2015.

An uptick in housing demand is being met with mortgage originations for borrowers with less than perfect credit scores, but not without caution. Read on to see what impact Equifax is seeing subprime borrowers have on the mortgage market

Prior to the Federal Reserve’s decision to raise mortgage rates, they were already ticking up without any additional help.

Before the housing crisis, borrowers could get a mortgage loan with little to no problems. Mortgage credit began to tighten when the crisis hit and has remained that way since.

The days of traditional mortgage lending may be close to being over as tech-savvy millennials and new regulatory changes such as the TILA-RESPA Integrated Disclosures rule add pressure to originators to step up their mortgage delivery game.

Buyers that signed contracts to buy existing homes are being stopped by one major problem in the housing market—fewer options in the housing market.

The homeownership rate increased marginally over the last two quarters, but was fairly unchanged year-over-year. This has left many in the industry questioning if homeownership has plateaued.

Mortgage loan defects, which can lead to fraudulence and misrepresentation in loan applications, are disappearing in the industry at a rapid pace and are expected to become less prevalent in the future as the housing market normalizes.