Tag Archives: Borrowers

Today’s origination process is utilizing tech to better reach unbanked or underbanked demographics. Editor’s Note: This feature originally appeared in the July issue of MReport.

Purchase loans remained robust despite tight inventory and rising mortgage rates, according to a recent report. See how closing rates on purchases performed most recently.

From new technology platforms for lenders to events to honor our veterans, get the latest buzz on the mortgage industry in this weekly update.

Though mortgage credit access has expanded over the past three quarters, one aspect of the market is still lagging, according to a report. Which is that area?

NeighborWorks America, recently announced the appointment of Marietta Rodriguez, as President and CEO of NeighborWorks America. Jeffrey Bryson, who served as interim President and CEO for the nonprofit since September 2017, will remain on board until August 17.

The new and improved system helps borrowers to submit all required documentation when applying for a loan from their mobile device or desktop computer.

In an exclusive interview, MReport caught up with Erik Schmitt, Head of Product Development at Chase Home Lending to talk about all that goes into making the dream of homeownership a reality. Editor’s Note: This feature originally appeared in the July issue of MReport, out now.

From continuing compliance pressure to the possibility of declining originations, there’s a lot on a lender’s mind this year. Click through to learn more about some of these challenges and their possible solutions.

A new report found that the homeownership rate for millennials was lower than for generations past. While the reasons are many and varied, here’s what the researchers recommended to tackle this challenge.

A new report found significant difference in credit scores of millennial homebuyers across the country. Do these swings highlight the millennial perception of needing perfect credit scores to qualify for a mortgage?