A research by the New York Fed found that tight credit is making it increasingly difficult for homeowners to access their equity. What are its implications?
Read More »Will Non-prime Mortgage Lending Increase in 2018?
The mortgage market continued performing well in the first quarter of 2018, according to a report. Here’s what the numbers foretell for lenders looking at the non-prime market.
Read More »Inventory Shortage Continues to Trouble the Housing Market
The housing market is grappling with supply shortages according to a report on the state of the U.S. housing market. What else has the market gone through during the quarter? Click through to learn more ...
Read More »Credit Scores for Mortgage Borrowers Decline
Mortgage balances, which form the largest component of household debt rose substantially, even as median credit scores of newly originating borrowers declined during the last quarter of 2017 ...
Read More »Mortgage Loan Originations Become Less Profitable
Mortgage origination profitability fell to its lowest in January 2018 as mortgage volumes responded to the rising interest rates during the month according to data in the February ...
Read More »FHA Announces Expanded Mortgage Relief for Disaster Victims
The Federal Housing Administration (FHA) has provided additional relief to victims of the natural disasters that hit the nation in 2017. On Thursday, FHA announced expanded mortgage relief to FHA-insured ...
Read More »Average Mortgage Debt on the Rise
The consumer credit market showed an overall strong performance at the end of 2017, according to the Q4 Industry Insights Report published by TransUnion on Tuesday. According to ...
Read More »Rising Seas Could Increase Risk for Homes in Florida
If last year’s hurricane season was any indication, climate change could increase risks associated with owning a home, according to a study by University of Miami. The study ...
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