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?
Read More »Mortgage Lenders Prepare for the HELOC Wave
Banks across the U.S. are making a valiant marketing effort to encourage homeowners to take cash out on their homes, an unusual move not seen since the housing bust.
Read More »BofA: Charting the Future of Responsible Lending
In a discussion with MReport, Bank of America's Terry Francisco explains how the financial institution is opening up new homeownership opportunities for responsible consumers.
Read More »Mortgage Credit Box Locked Tight for Borrowers
Before the housing crisis, borrowers could get a mortgage loan with little to no problems. Mortgage credit began to tighten when the crisis hit and has remained that way since.
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