Borrowers with lower credit scores paid much more in additional costs to get a mortgage according to a report. Here’s how credit profiles affected loan prospects for borrowers.
Read More »Why the Mortgage Industry Must Up Its Tech Game
As borrowers look at using technology for a seamless mortgage loan processing experience, is it time for lenders to invest in getting that tech formula right?
Read More »HMDA Data: Loans to Low-Income Borrowers Rose in 2017
A change in regulations saw fewer banks reporting HMDA data, which indicated an increase in home lending. See how other HMDA data indicators performed by clicking through.
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 »Wolters Kluwer Releases HMDA Data
The release shows lending practices in the aggregate as well as by individual institutions, allowing viewers market insights that are ahead of the federal government’s aggregate data report.
Read More »Less Regulation Won’t Mean Reduced Compliance Work for Lenders
A report quantifying the incremental burden of financial institutions to keep up with regulation changes, revealed historically low regulatory activities in Q12018. Here’s what that means for mortgage lenders.
Read More »A New Terrain: How Technology’s Shifting the Industry
The buzzwords in the mortgage industry are changing as technology plays an increasingly important role in providing lenders with an edge over the competition. We look at what’s changed and how the industry’s adapting for a fintech future. Editor's Note: This feature originally appeared in the April issue of MReport.
Read More »Borrowers Embrace Text Messaging in the Loan Process
As homebuyers get more comfortable with text messaging to communicate for the mortgage loans, how can lenders adapt to use this technology to speed up the process?
Read More »Small-dollar Loans Can Make a Big Difference
Here’s how expanding credit access for low-cost properties could potentially help ease America’s inventory shortage.
Read More »OpenClose Implements LOS Platform for Federal Credit Union
The new digital platform streamlines mortgage operations and elevates member service levels.
Read More »