A new report gives insights into the modern homebuyer outlook, and just how important the “personal touch” can be to lending experience.
Read More »The Week Ahead: Taking the Pulse of Homebuilders
How did homebuilders rate market conditions this month? Make sure you stay tuned to this—as well as keep on eye on other crucial reports about to drop—in The Week Ahead.
Read More »Home Advantage: Why Shopping for a Mortgage First Helps
A recent Fannie Mae study found that gaining knowledge and engaging with the mortgage market earlier in the homebuying process could benefit low- and moderate-income purchasers. Here’s why.
Read More »What Homebuyers Want in a Mortgage Provider
When it comes to taking out a mortgage loan, more than half of all first-time homebuyers want to work with a company they consider trustworthy.
Read More »Are Small Loans a Thing of the Past?
One task that has never been easy in the housing market is getting a mortgage loan for under $50,000, but small loans are quickly nearing the point of nonexistence which will create barriers of entry for homeownership.
Read More »A Credit Situation: Gender Affects Ability to Obtain a Mortgage Loan
A borrower's credit score could be adversely affected by gender, according to a recent study. Typically, men have an average credit score of 630 out of 850, while women have an average score of 621 but the factors behind these scores is where the story gets interesting....
Read More »Is Getting a Mortgage Loan Becoming Easier?
Credit standards among mortgage lenders tend to change with overall economic conditions. A survey from the Federal Reserve shows that credit standards may be easing among lenders, but will this change be in the best interest of the housing market?
Read More »Top 10 Cities Where a Mortgage can be Paid off the Fastest
After investing in a home, buyers can expect to be billed every month for about 15 to 30 years. Read on to see where Realtor.com finds that a mortgage payment would not drag out for the entire life of the loan.
Read More »Freddie Mac Drops Billion-Dollar Suit Against Deloitte
Freddie Mac has dropped its lawsuit against Deloitte & Touche that accused the accounting firm of negligence regarding the auditing of certain mortgage loans the GSE purchased from now-defunct mortgage lender Taylor Bean & Whitaker.
Read More »Mortgage Loan Application Defects Driven Lower by Ability-to-Pay Rules
Mortgage loan application defects are becoming less prevalent in the housing market as the Ability-to-Pay rules are reducing fraud risk related to income, while misrepresented income is more likely to be caught on a loan application.
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