Nonbanks originated about half of all mortgages in 2016 and 75 percent of mortgages insured by the FHA or VA. However, a recent study by the Brookings Institution ...
Read More »Mortgage Offer APRs Trending Higher
LendingTree has released its latest Mortgage Offers Report, breaking down the lending landscape for February 2018. The Mortgage Offers Report serves as a useful companion to other standard industry ...
Read More »Servicing the Underserved
MReport spoke to Ray Brousseau, President, Carrington Mortgage Services, LLC, and Andrew Taffet, Chief Investment Officer and Head of Asset Management, The Carrington Companies on what drives their ...
Read More »Top 10 Cities for First-time Homebuyers
Buying a home can be a daunting task for a first-time homebuyer in the current market, with its housing price increases and a shortage of inventory. Unlike homebuyers ...
Read More »What Do Potential GSE Changes Mean for FICO?
The Federal Housing Finance Agency recently released a Request for Input seeking feedback about the possibility of changing the credit scores the GSEs requires lenders to use to evaluate borrowers. According to ...
Read More »Mortgage Origination Report Shows FICO Scores Dropping Across Loan Products
Dropping credit scores point to loosening credit standards to attract a dwindling refinance market.
Read More »Credit Score is in the Eye of the Beholder
Differences in age and gender tend to shape how consumers perceive their credit score. Which age group is known for having excellent credit?
Read More »Crisis is Over, but Credit Blemishes Linger
Millions of Americans have a negative event on their credit record years after the crisis, which is preventing them from borrowing for a mortgage and hindering the housing market, according to one analysis.
Read More »Women-Owned Mortgages Perform Better than Credit Histories Suggest
On average, women pay more for mortgages than men do, but those mortgages held by women-only borrowers tend to perform better than those held by men, according to one analysis.
Read More »Better Credit Scores Driving Loan Market
Compared with a decade ago, single-family home-purchase originations have been cut in half. But the denial rate is way down, too.
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