New data from Redfin recently revealed that buyers are seeking out less expensive areas like Tampa and San Antonio due to the surging cost of housing and other goods, limiting their ability to purchase homes in many U.S. cities.
Read More »Mortgage Applications for New Home Purchases Slip in May
New data from the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) for May 2022 shows mortgage applications for new home purchases have decreased an overall 5% in ...
Read More »Angel Oak Works to Expand Western Lending Footprint
The retail lender's expansion continues in key regions as the mortgage market remains steadfast.
Read More »Top-10 States for Home-Equity Loan Searches
Due to economic impact of COVID-19, more Americans are taking out home-equity and other types of loans, according to a new study by WalletHub. "Americans who are having ...
Read More »The Forbearance Chaos is Yet To Come
While millions of borrowers were quickly approved for forbearance on their mortgage loans, what follows could be confusion and chaos, according to some.
Read More »Delaying Forbearance Repayment
The FHFA noted that borrowers in forbearance with a Fannie Mae or Freddie Mac-backed mortgage are not required to repay the missed payments in one lump sum.
Read More »Easing the Way for LEP Mortgage Customers
Here’s how lenders can leverage machine-assisted language translation to serve mortgage customers who are limited by their knowledge of the English language.
Read More »Bell Bank Mortgage Hires Regional Head
Greg Gunn will lead Bell Bank Mortgage's midwest operations and will be responsible for recruiting, developing brand awareness, and building the business.
Read More »Finicity Eases the Verification Process
Finicity's new Verification of Income and Employment solution will speed up borrower verifications and advance the industry's shift to become fully digital.
Read More »Ellie Mae Partners with Visionet to Enhance LOS Experience
The integration allows lenders to more efficiently and securely share data between Visionet’s VLR solution and Encompass to drive efficiency in the loan origination.
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