First-time homebuyers, including millennials, are slowly but surely making their way into the housing market and lenders need to be prepared to grab their attention and keep it.
Read More »Freddie Mac Prices Credit Risk Transaction at Nearly a Half Billion Dollars
Freddie Mac priced its second Structured Agency Credit Risk (STACR) transaction of 2016 at $475 million, according to an announcement from Freddie Mac.
Read More »Mortgage Rates Climb for the Second Time This Year
Interest rates for mortgage loans, which continue to remain at historic lows, saw another increase for the second time this year. Will mortgage rates continue their upward path?
Read More »The Week Ahead: Will Higher Rates Discourage Mortgage Applicants?
Mortgage interest rates have continued to decline to historical lows and have not motivated buyers to apply for a mortgage loan, but for the first time in two months, mortgage interest rates have moved up. Will this drive potential homebuyers further away from the housing market?
Read More »FHFA Continues Outreach Efforts to HARP-Eligible Homeowners
The agency noted it wanted to reach out to homeowners who had other factors that could compensate for their low credit scores for a possible mortgage refinance.
Read More »Mortgage Rates Rise as Turbulent Financial Markets Settle Down
After two months of consecutive declines in mortgage interest rates Freddie Mac reported that they have finally moved upward amidst subsiding financial market turbulence.
Read More »Fannie Mae, Freddie Mac Deemed Private Companies by 9th Circuit Court
The Ninth Circuit Court of Appeals affirmed a decision by a lower court that Fannie Mae and Freddie Mac are "private companies." What will the ruling mean, if anything, for the pending lawsuits by GSE investors who claim the Net Worth Sweep is illegal?
Read More »Mortgage Applicants Not Motivated by Low Rates
Mortgage interest rates continue to decline to historical lows, but this phenomenon is not motivating homebuyers to purchase a home.
Read More »Housing Industry Remains a ‘Bright Spot in the Economy”
Since the crisis the housing industry has been consistently expanding, but when the pace of growth lost a large amount of momentum in the final quarter of last year, on top of economists' predictions of slow growth, many in the industry are questioning if the expansion is beginning to expire.
Read More »Is the Appraisal Industry Suffering from Barriers of Entry?
Scott Pickell, VP and Chief Appraiser at LRES explains to MReport what is happening to appraisers in the mortgage industry, challenges they face, and how the problem can be solved.
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