Home prices increased by 3.6% year over year in July 2019 and are forecast to increase 5.4% from July 2019 to July 2020.
Read More »SEC Charges Execs of Reverse Mortgage Company With Fraud
The complaint alleges CEO fraudulently inflated the value of its reverse mortgage portfolio. The company’s bond portfolio rose from $71 million to $570 million.
Read More »Cities Losing the Affordability Battle
In what market will residents need to use more than 90% of their income to afford a home? Click through to find out.
Read More »Single-Family Growth Moving Away From Metros
Click through to see how exurbs and rural areas are faring when it comes to single-family building.
Read More »VA Loan Origination Finding a Home with Fintechs
Four of the top-10 loan originators for VA loans are Fintechs. An insider from one of those companies discusses what sets them apart from traditional mortgage providers.
Read More »Inc. 5000 Recognizes Gateway Mortgage Group
Gateway Mortgage Group, a division of Gateway First Bank was included in the 2019 Inc. 5000, a list of the fastest-growing private companies in the nation.
Read More »Numerica Renews Mortgage Cadence Contract
Numerica Credit Union has renewed its contract with Mortgage Cadence, an Accenture company, for Mortgage Cadence’s loan-origination solution for five more years, through 2024.
Read More »Fannie Mae Appoints Sheila C. Bair to Board of Directors
Sheila Bair, former chair of the Federal Deposit Insurance Corporation, has been appointed to the Compensation Committee, the Nominating and Corporate Governance Committee, and the Risk Policy and Capital Committee of the Board at Fannie Mae.
Read More »10 Steps to Housing Finance Reform
Editor’s note: This feature originally appeared in a recent issue of MReport. The government-sponsored enterprises (GSEs) have been in conservatorship for more than 10 years. During that time, ...
Read More »Millennial Homeownership Hurdles
Though they admit that owning a home is worth it in the long-term, the barrier to entry seems too high for many millennials looking to purchase their first home.
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