A report by the New York Fed pointed to rising mortgage balances among households in the second quarter. Here’s a break down of how housing and non-housing debt contributed to what households owed.
Read More »FHA Announces Policy for Hurricane-Affected Homeowners
The updated policy is aimed at helping struggling borrowers in Puerto Rico and the U.S. Virgin Island impacted by Hurricanes Irma and Maria. See what the FHA said to mortgage servicers and lenders about this policy.
Read More »Purchase Loans Hold Steady
The market for purchase loans remained stable in July for the second consecutive month despite rising rates, according to a report on loan originations. See the breakdown of how other loans performed.
Read More »Americans’ Debt is on the Rise
Personal debt among Americans is on the rise, according to a recent study of consumer spending habits. Here’s how mortgage loans stack up in the overall average debt of borrowers.
Read More »Providing a Complete Lending Experience
Here’s why it is important for lenders to provide a holistic lending experience, not only during the loan application process, but also days or weeks after borrowers submit their loan applications.
Read More »Which Non-Conventional Loans Do Borrowers Prefer?
A recent analysis of Census Bureau data showed that borrowers’ reliance on non-conventional loans varied across the U.S. Click through to learn where these loans were most popular and how borrowers viewed them.
Read More »Ginnie Mae’s Single-Family MBS Issuance Declines
While overall outstanding mortgage-backed securities at Ginnie Mae increased in July, its data indicated a decline in the issuance of single-family MBS from last year. Here’s a break down of MBS’ performance across various loans.
Read More »Ellie Mae Launches Latest Release of Encompass
Ellie Mae's latest release will help lenders of all sizes originate more loans, lower origination costs and shorten the time to close with compliance, efficiency, and quality.
Read More »Predicting Housing Industry’s Growth in 2019
The industry expects fixed mortgages to climb over the coming year but think price growth will slacken, according to a recent survey. What else is in store for housing next year?
Read More »Combating Credit Invisibility
"No-score borrowers are not the same as "low-score" borrowers, but often get treated as such. Learn how to access this vital buyer demographic. Editor's note: This feature originally appeared in the August issue of MReport, out now.
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