American homeowners aged 62 and older saw a significant jump in home equity. What could be driving this increase, and is it poised to continue?
Read More »With Apartment Living on the Rise, Where Does That leave the Single Family Market?
More investors are putting stake in multifamily homes like apartments and condominiums, but how many people are living in them? In the wake of low inventory in the single family market, are potential homebuyers going to continue to rent, or wait for their dream home?
Read More »Slight Uptick in Rates, But Not as Much as Expected
The Federal Reserve’s decision to raise rates left some wondering what would happen with mortgages. In a recent report they raise the question “Why did rates go up?” and more importantly “Why didn’t they go up more?” Industry experts weigh in.
Read More »Take a Second Look at Who You’re Marketing To
The U.S. is becoming more diverse year-after-year and homeownership rates are changing just as fast. Changes in the diversity landscape could also mean differences in the way you market. Find out if your metro is growing in diversity based on the latest Census Bureau data
Read More »Where are Home Prices Rising Most?
U.S. home prices made quite a jump over the last year, according to recent data. However, the price increases are highly dependent on geography, with some regions experiencing minimal upticks—or even declines—and others seeing more significant jumps in recent years. So where are prices rising most? And which regions offer the more stable housing costs?
Read More »Compliance Costs. . . Going, Going, Gone?
Several representatives and senators have been pushing for change in compliance regulations, but a recent bill could possibly be the answer. Being that this isn’t the first bill of its kind, what does it bring to the table that others didn’t? See what Representative Tom Emmer and Congressman Blaine Luetkemeyer have in mind.
Read More »AMDC Welcomes New Member
We are pleased to announce that the American Mortgage Diversity Council (AMDC) welcomes a new member, National MI.
Read More »Multifamily Homeowners: Brace For Impact
Renters are finally setting their sights on homeownership, according to an analysis released on Thursday. In Q1 of 2017, the share of home shoppers who were either non-homeowners or renters rose markedly over years past. Will the trend continue? And what does it mean for lenders and multi-family property investors?
Read More »5 of the Best and Worst Mortgage Paying States
Delinquencies saw a reversal from last month’s performance, according to Wednesday’s mortgage performance report. Prepayments, which can be a good indicator of refinance activity, hit a record high. Take a look at the top and bottom performers in mortgage performance for May 2017.
Read More »Barry Owens Joins OrangeGrid as VP of Business Development
OrangeGrid, a provider of highly configurable business process workflow solutions to the financial services industry, announced that Barry Owens, a seasoned professional with nearly three decades industry experience, has joined its growing team as VP of business development.
Read More »