A new Veterans United Home Loans survey revealed that high home prices are among the top reasons that impact the decision to buy a new home among service members and Veterans. However, many remain optimistic about homebuying in 2023 despite ongoing affordability challenges.
Read More »Breaking Down Q3 2022’s Mortgage Market Opportunities Report
The latest data from Mortgage Coach and Sales Boomerang underscores the opportunity to revisit prospects previously turned down for credit-related reasons, giving lenders the opportunity to offer timely advice and tailored financial solutions to those with newly improved credit scores.
Read More »BofA Modifies Fee for Lender Origination
Bank of America has announced a $0 lender origination fee for low-down payment mortgages.
Read More »TIAA Bank Realigns Mortgage Ops
Here’s how TIAA Bank is strategically realigning its residential home lending business to serve an even wider audience of clients nationwide.
Read More »Eye on the Industry: Updates on National MI, Pavaso, and More
From new appointments to digital advances, get the pulse of the mortgage industry in this weekly update.
Read More »More Millennials Embracing Conventional Mortgage Loans
The most recent Ellie Mae Millennial Tracker data shows that 67 percent of closed loans secured by millennials were conventional. This represents the highest percentage in two years ...
Read More »Harnessing the Power of Blockchain for the Mortgage Industry
Blockchain is creating a lot of buzz—and a lot of confusion. Primarily, this technology offers the capacity to record and monitor transactions in what is called a distributed ...
Read More »Borrowers: Mortgage Loan Limits are on the Rise
On Tuesday the Federal Housing Finance Agency (FHFA) announced the 2018 maximum conforming loan limits for mortgages to be acquired by the enterprises—reporting an overall increase in loan limits.
Read More »Women-Owned Mortgages Perform Better than Credit Histories Suggest
On average, women pay more for mortgages than men do, but those mortgages held by women-only borrowers tend to perform better than those held by men, according to one analysis.
Read More »Where Do Homebuyers Pay the Most for Closing Costs?
One analysis reported that estimated amounts paid by homebuyers for closing costs on a mortgage loan are more accurate than ever because of the CFPB’s TRID rule enacted last October. Which states have the highest average closing costs?
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