While it might be the industry gold standard, the “typical” 20 percent down payment doesn’t exactly glitter with the majority of first-time millennial mortgage getters. When queried about ...
Read More »Eye on the Industry: Updates on Citadel, Ellie Mae, and more …
From awards and technology platforms to new partnerships gauge the pulse of the mortgage and lending industry in this weekly update. California-based non-prime wholesale residential lender Citadel Servicing Corporation (CSC) has announced ...
Read More »Lenders’ Sentiments on Profit Margins Hit a Low Note
Lender sentiment is at an all-time low according to the latest Mortgage Lender Sentiment Survey by Fannie Mae that was released on Thursday. The profit margin outlook, as ...
Read More »Helping the Mortgage Industry, One Course at a Time
Continuous learning is a necessity for professionals in the servicing and mortgage industry. With this in mind, the Five Star Academy (FSA), a Five Star Institute brand, recently ...
Read More »Navigating the Mortgage Ecosystem
Editor's Note: This story was originally featured in the March issue of MReport, out now. Thirty years ago, mortgage origination was a simple process. An application was taken ...
Read More »Ellie Mae’s Velocify Platform Wins LeadsCouncil Leader Award
Pleasanton, California-based Ellie Mae, which provides a cloud-based analytics platform for the mortgage industry, announced that its platform, Velocify, was recognized with a LeadsCouncil LEADER award for outstanding performance ...
Read More »Data Shows Shift in Mortgage Credit Availability
Mortgage credit availability decreased 1.2 percent in February as program offerings in the conventional mortgage space affected the overall availability of credit, bringing the index down to 180.7. ...
Read More »Will the Rise in Construction Jobs Ease Supply Constraints?
Jobs in the construction sector led the overall jobs market according to data for February jobs released by the Bureau of Labor Statistics. While the total nonfarm payroll ...
Read More »Mortgage Offer APRs Trending Higher
LendingTree has released its latest Mortgage Offers Report, breaking down the lending landscape for February 2018. The Mortgage Offers Report serves as a useful companion to other standard industry ...
Read More »Mortgage Apps Remain Steady
Steady interest rates in the last week saw mortgage rates rising only slightly according to data from the weekly mortgage application survey by the MBA. Data from the ...
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