New underwriting changes will allow the GSE to incorporate consistent rent payment history in evaluating credit to qualify more borrowers for mortgages.
Read More »Steven Plaisance Named President, Mortgage Banking of Gateway First
Industry veteran officially named to new role after serving in an interim capacity since late February.
Read More »High Prices, Short Supply Leads to Homebuyers’ Hesitancy
A serious dearth of inventory and elevated real estate prices continue to make the prospect of home shopping and homebuying too daunting for a majority of Americans today, ...
Read More »The Change of Cycles
When it comes to the emerging purchase market, a history primer is in order.
Read More »The New American Homebuyer
MReport speaks with experts from Embrace Home Loans, Homespire Mortgage, Inlanta Mortgage, Planet Home Lending, and more about how eBorrower needs and priorities are shifting.
Read More »GSEs and FHA Take Action to Protect At-Risk Renters and Homeowners
On the eve of the expiration date protecting Americans from COVID-related foreclosures and evictions, the FHA and FHFA have extended measures to keep those at-risk safely and securely housed through September 30, 2021.
Read More »Refis Spur Rise in Mortgage Apps
After a down week, mortgage application volume is on the rise, with sub-3% rates powering refi volume as more and more are taking advantage of record-low rates.
Read More »Supply Constraints Holding Back Potential Sales
With a 6.6% monthly drop-off, sales of new single‐family homes fell in June, as builders continued to feel the squeeze of an uptick in labor and material costs.
Read More »FHFA Waives Adverse Market Refi Fee
Savings will be passed on to consumers, as lenders will no longer be required to pay the GSEs a fee when they deliver refinanced mortgages.
Read More »Interfirst Announces New Non-Owner-Occupied Offering
New program is built upon a single interest rate with no adjustments, the first as part of the company's new Independence Series of mortgage products.
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