Chattel loans are the most popular finance product for manufactured housing customers, but research suggests why this may not be the most cost-effective loan for these borrowers.
Read More »Judge Upholds $96M Jury Verdict Against BBVA Compass
The judgment preserves all but one portion of the original $98 million jury verdict in the case against BBVA Compass for fraud during loan renewal and modification negotiations with a developer.
Read More »A Snapshot of the National Housing Market
The current housing market boom is being led by strong demand chasing constricted supply, according to a report on the housing market. Here are some other indicators on how the market has performed so far this year.
Read More »Cornerstone Mortgage Among 2018 Top Workplaces
Cornerstone Mortgage, a division of Guild Mortgage was recognized by St. Louis Post-Dispatch as a leading employer for the seventh straight year and was ranked eleventh in the midsize company category.
Read More »A Snapshot of Mortgage Rate Performance
While mortgage rates rose across the board, according to the latest data by FHFA, click through for a break down of how interest rates on various loans performed.
Read More »‘Leading the Way’ at Freddie Mac
Riham El-Lakany, VP and Chief Marketing Officer for Freddie Mac’s Single-family division on what the GSEs motto “Leading the Way” means for her and how she puts it into practice. Editor’s Note: This interview originally appeared in the June issue of MReport.
Read More »U.S. Household Debt Approaches New High
Household debt is approaching its 2008 peak and is set to surpass it by the end of the month, according to a study. How are mortgages impacting the total debt of consumers? Click through to learn more.
Read More »Stress Tests: How Will Mortgage Loans Impact Bank Losses?
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 »Rising Rates or Not, Borrowers Get Set for Summer
Despite an uptick in mortgage rates, more homebuyers are borrowing as they prepare for the summer homebuying season, according to a report. Click through to learn more about the other origination numbers that are rising with the mercury.
Read More »What are Borrowers Using Home Equity Loans For?
A new study assessed home equity loan requests and the primary reasons borrowers are utilizing the funds and here’s what it revealed.
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