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 »Mr. Cooper Introduces New Digital Tools for Borrowers
Mr. Cooper, one of the largest non-bank mortgage servicer and mortgage lender, has announced a design thinking initiative to develop mobile-friendly solutions that reimagine the experience of homeownership ...
Read More »Eye on the Industry: Updates on Wells Fargo, Doc Magic and More …
From promotions and new appointments to awards and new technology, get the pulse of the mortgage business in this weekly update.
Read More »The Mortgage Makeover
With non-qualified mortgage products busting open the doors to homeownership, it's time to dispel the myth that non-QM is the new subprime. Editor’s Note: This story was originally featured in the April issue of MReport, out now.
Read More »Treasury Looks to Simplify the Community Reinvestment Act for Banks
The Treasury recently gave recommendations on regulatory and administrative changes to the CRA. Click through to learn more about how these changes could affect mortgage lending.
Read More »Mortgage Apps Decline
Homebuyers held off on purchasing mortgage during the week despite interest rates remaining stable. Here’s how these factors affected refis and other loans.
Read More »How Much Does Great Credit Really Save for Borrowers?
High credit ratings don’t mean mortgage consumers won’t pay more on mortgages at the signing desk, according to a new report.
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 »CFPB’s Mulvaney: “The Bureau is Far Too Powerful”
The Consumer Financial Protection Bureau (CFPB) managed approximately 317,000 consumer complaints between October 2016 and September 2017, according to the semi-annual report of the CFPB for the period ...
Read More »Mortgage Bankers and Government Leaders Converge in D.C.
Housing and housing finance reforms, especially for the underserved are on top of the agenda at the ninth annual Five Star Government Forum on Tuesday in Washington, D.C. ...
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