Millennials and Gen Zers face many obstacles in their pursuit of the American Dream, including mortgage rates hitting a 23-year high. Click through to read what a new Chase survey reveals the challenges facing younger consumers and how they are shaping their attitudes towards homeownership.
Read More »loanDepot Promotes David Smith to VP of National VA Lending
In newly created role, former U.S. Army sergeant has been tapped to drive the company’s national VA lending strategy and advance outreach to the military community and industry professionals.
Read More »U.S. Bank’s Timika Scott to Chair Five Star’s MSEA Group
U.S. Bank's Timika Scott will serve as the first Chairperson of the Mortgage Servicing Executive Alliance, a forum to facilitate progress, collaboration, mentorship, and networking for mortgage industry executives.
Read More »Bringing Awareness to VA Home Loan Benefits
A new Realtor.com poll has found that only three in 10 U.S. veterans realize they can buy a home with zero down. After the link, read more on a new campaign to help educate U.S. vets and servicemembers on the benefits of VA loans.
Read More »Is AI the End-All Solution to Mortgage Lending Inequities?
In a new article jointly authored by the Federal Home Loan Bank of San Francisco and the Urban Institute, new research examines the effects of Artificial Intelligence (AI) in helping level the playing field for minorities and borrowers of color, with the ultimate goal of advancing racial equity in homeownership.
Read More »Commercial, Multifamily Loans Drop Precipitously YoY
“Borrowing and lending were down for every property type and capital source from one year ago. However, compared to this year’s second quarter, volumes were more stable, and some sectors—including industrial properties and life company lenders – showed an uptick in volume,” said Jamie Woodwell, MBA’s Head of Commercial Real Estate Research.
Read More »Where Are U.S. Retirees Flocking To?
A new poll from U.S. News & World Report ranks the nation’s top destinations where retirees are settling down based on affordability, healthcare, desirability, retiree taxes, job market, and overall happiness. Click through to find out which state occupies seven of the top 10 most sought-after areas.
Read More »Consumers Express Increasing Housing Market Frustrations
New findings from Fannie Mae’s HSPI revealed consumers are increasingly expressing “pessimism toward the larger economy this month, in addition to their ongoing frustration with the housing market,” said Doug Duncan, Fannie Mae Senior VP and Chief Economist.
Read More »Chris Lewis Promoted to Director of Sales at DocMagic
Twenty-five-plus-year industry veteran tapped to lead sales operations and oversee revenue for all products and services for provider of eMortgage solutions for the mortgage industry.
Read More »Study Finds Millennials, Gen Zers Taking Longer to Leave Home
With mortgage rates hitting a 23-year high and worsening affordability continuing to hamper potential homebuyers and renters nationwide, multigenerational households are becoming much more common, according to a new RentCafe report. Here’s what else the report reveals.
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