When service members come home, they deserve to have a place to call home. Industry leaders have come together to form a council providing support to veteran’s assistance programs addressing the struggles behind this fight. Editor’s Note: This feature originally appeared in the August issue of MReport.
Read More »Why First-Time Buyers Command the Mortgage Market
First-time homebuyers are still crushing the mortgage market when compared with repeat buyers, according to a recent report. Here are the factors influencing their decision to buy in a highly competitive market.
Read More »Why Borrowers Are Still Sweet on HARP
Despite overall refi volumes at Fannie Mae and Freddie Mac declining in Q2, the FHFA’s quarterly refinance report revealed that borrowers were still opting for loans under HARP, a program that’s scheduled to expire at the end of the year.
Read More »Mortgage Balances Grow, As Does Household Debt
A report by the New York Fed pointed to rising mortgage balances among households in the second quarter. Here’s a break down of how housing and non-housing debt contributed to what households owed.
Read More »FHA Announces Policy for Hurricane-Affected Homeowners
The updated policy is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.
Read More »Purchase Loans Hold Steady
The market for purchase loans remained stable in July for the second consecutive month despite rising rates, according to a report on loan originations. See the breakdown of how other loans performed.
Read More »Providing a Complete Lending Experience
Here’s why it is important for lenders to provide a holistic lending experience, not only during the loan application process, but also days or weeks after borrowers submit their loan applications.
Read More »Fed Survey: Home Price Growth Expectations Cool
In its most recent Survey of Consumer Expectations, the Fed reported that consumers expected slower home price growth in the second half of the year. What did they say about access to credit?
Read More »Which Non-Conventional Loans Do Borrowers Prefer?
A recent analysis of Census Bureau data showed that borrowers’ reliance on non-conventional loans varied across the U.S. Click through to learn where these loans were most popular and how borrowers viewed them.
Read More »Combating Credit Invisibility
"No-score borrowers are not the same as "low-score" borrowers, but often get treated as such. Learn how to access this vital buyer demographic. Editor's note: This feature originally appeared in the August issue of MReport, out now.
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