Despite a record-high first mortgage loan balance, independent mortgage banks and mortgage subsidiaries weathered falling production profits and production volumes in 2017.
Read More »Bank of America Reports Record Earnings in Q1
Growing consumer activity and a solid U.S. economy spurred a record growth in earnings for Bank of America in the first quarter of 2018, that exceeded market expectations. How did it’s lending business perform? Click through to learn more.
Read More »Guild Mortgage is a Fannie Mae STAR Performer
The independent mortgage lender was honored with the recognition for its competency, capacity and overall performance in servicing.
Read More »Many Students Struggling to Afford Housing
It’s a well known fact: college students are broke. With skyrocketing tuition costs and loans in the tens of thousands, finding adequate housing can be near impossible for many college students, and some may find it increasingly difficult to pay for housing.
Read More »How Are Lenders Helping Buyers Navigate Their Home Purchase?
A new survey has revealed that low down payment options and education from their lenders and realtors were key in alleviating homebuyers’ stress during the homebuying process.
Read More »Investors Remain Bullish on GSEs’ Credit Risk Transfer Program
Bolstered by a strong private sector market demand, Fannie Mae and Freddie Mac continued to attract and expand private sector investment in the last quarter of 2017.
Read More »Cashing Out Through Refinance
Cash-out refinancing is being increasingly used by borrowers and homeowners looking to renovate their homes, consolidate debt, make a purchase, or even as a down payment for a ...
Read More »Ensuring Veteran Lending is in Safe Hands
Editor's note: This story was originally featured in the March issue of MReport, out now. By Hon. Joseph J. Murin U.S. politics today teaches us that we are often unaware ...
Read More »Mortgage Rates Surge
Mortgage interest rates on conventional purchase-money mortgages increased in February from the month prior according to data from the Monthly Interest Survey released by the Federal Housing Finance ...
Read More »Study Says: Home Sales to Remain Flat
As we get into the homebuying season, it’s time to look at some of the trends that began last year and are still defining 2018. The National Housing ...
Read More »