The results of the stress test scenarios to determine the resiliency of lenders in financially adverse situations were released for the three biggest banks in the country. Here’s what they revealed about loans that are most likely impact banks’ losses if things go south.
Read More »How Fed Rate Hikes Impact Borrowers
With the FOMC meeting beginning on Tuesday and a rate hike expected after it, experts weigh in on what another hike in interest rates would mean for mortgage lenders and borrowers.
Read More »How will Fed Rate Hikes Affect Housing?
The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being ...
Read More »Forecast Calls for Purchase and HELOC Growth
Mortgage rates are rising and home prices are expected to continue to appreciate in the coming year. Given those circumstances, what factors will contribute to economic and housing growth in 2017?
Read More »HELOCs: The Untapped Opportunity for Growth and Profits
Rutger van Faassen, VP of Lending at Nomis Solutions, offers insight for lenders on how to make the most of opportunities for growth that lie in home equity portfolios.
Read More »Many HELOC Borrowers are in for a Shock
A survey showed that a large number of borrowers with HELOCs near the end of draw period are unprepared.
Read More »HELOC Borrowers Might Be Making a Comeback
More HELOC borrowers are making payments on time, but lenders should still proceed with caution, according to a recent white paper.
Read More »Tapping Home Equity: The Rise of HELOCs
HELOC originations have been consistently on the rise despite a decline in overall originations. What is driving the popularity of HELOCs?
Read More »Mortgage Debt, HELOC Balances Going Separate Ways
While mortgage balances in the United States ticked up slightly over-the-year in Q2, home equity lines of credit (HELOC) balances declined. Why are these two cohorts headed in different directions?
Read More »First Mortgages and HELOCs See Substantial Growth
First mortgages and home equity lines of credit (HELOCs) both increased substantially in the first quarter, which means good news for the housing market.
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