Tag Archives: Lenders

"Lenders saw opportunities dwindle even more during the first quarter as the longest slowdown in mortgage activity in at least 20 years continued," said Rob Barber, CEO at ATTOM.

According to a new ATTOM report, mortgage lending declined to its lowest point in nearly nine years in Q4 2022, while purchase loans decreased an estimated 26%.

A new Javelin study revealed that a majority of Gen Z’ers and nearly 40% of millennials would consider rent-to-own agreements as an alternative to purchasing as a result of low inventory and historically high mortgage rates.

The latest data from Mortgage Coach and Sales Boomerang underscores the opportunity to revisit prospects previously turned down for credit-related reasons, giving lenders the opportunity to offer timely advice and tailored financial solutions to those with newly improved credit scores.

Fannie Mae has announced the launch of its Multifamily Positive Rent Payment Reporting pilot program, aimed at helping renters build their credit history and improve their credit score. Beginning September 27, 2022, eligible ...

ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...

Signing bonuses are a widespread practice within the mortgage business, and STRATMOR Group Senior Partner Jim Cameron analyzed the industry’s approach toward them by highlighting how bonuses are structured, and how new data and tools can help lenders understand more about the potential of the loan officers they're retaining.

Planet Home Lending, LLC, has announced the launch of its new team in Portland, Oregon, led by Area Sales Manager Tim Hattan, Sales Manager Tom Bond, and Loan ...

The Consumer Financial Protection Bureau (CFPB) has recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA) bars lenders from discriminating against customers after ...

A release states the program should be used as a “last resort” and any money borrowed is to be paid back.