News

The new year is sure to bring about an array of changes for lenders. Some good, some bad, and some ugly. Read on to find out how lenders can put their best foot forward in 2016 and be prepared for what's to come.

Shortly after the Federal Reserve's decision to raise the federal funds rate in December 2015, mortgage applications started to fall. Is the Federal Reserve's rate hike to blame or was it really just a seasonal drop off?

The Federal Reserve's daring move to increase the federal funds rate just before the end of 2015 was no surprise to most, but what the mortgage industry did not know was that this initial move would only the beginning of a series of events..

Displaying 1-6 PM.JPGPeter Muriungi has been chosen as JPMorgan Chase’s new head of Mortgage Servicing to replace Mike Weinbach, who was named CEO of Chase’s Mortgage Banking division in December, the bank confirmed on Wednesday.

While home prices have consistently been on the rise for quite some time, this upward trend could come to a screeching halt over the next two years—especially in energy-producing states.

Remember the interest rate hike that occurred last month? Wondering what's next? Mark Hamrick, Senior Economic Analyst at Bankrate provides some insight on what to expect from the Federal Reserve in the new year and why this is likely to not be the entity's last move.

Democratic presidential candidate Bernie Sanders said in a speech Tuesday that Wall Street's entire business model is "fraud," but he has a plan to completely end the "too big to fail" among big banks. But that's no the only thing he had to say about Wall Street, read on to find out more.

Existing home sales suffered a major blow in November of 2015, falling an unheard of percentage month-over-month, which some economists felt was just a temporary fallback for a huge comeback.

Are JPMorgan and EverBank finally off the OCC's hook? All news is not good news for these two institutions.

Low supply levels and increasing demand in the housing market are fueling home prices, in turn, placing all of the cards into sellers' hands.