While traditional credit reports remain a strong indication of past financial reliability, a credit report alone doesn’t always provide the full picture of a consumer’s financial profile.
Read More »U.S. Home Mortgage Lending Recovers in Q2
A new mortgage report from ATTOM revealed U.S. lenders issued approximately $494 billion worth of residential mortgages in Q2 of 2023, while total activity rose after eight straight quarterly declines to 21%.
Read More »Market Monitor: Locks Move South in June; Credit Availability Tightens
According to Black Knight's Originations Market Monitor report, overall rate lock volumes were down 1% month-over-month in June, with conforming loans gaining share mainly at the expense of nonconforming loan products.
Read More »Better Together: The Importance of a Diverse and Inclusive Workforce
In our June MortgagePoint cover story, experts discuss the importance of D&I strategies in the workforce, in business, and throughout the mortgage industry, highlighting the strategies utilized to promote equity in the U.S. housing system for renters and homeowners nationwide.
Read More »Study Indicates Now Is a Great Time for Homeowner Education
"Our survey sends a crucial message to mortgage servicers about what homeowners need," says Eric Rachmel, CEO and Founder of Brace.
Read More »Deephaven Mortgage Appoints Aaron Drago as COO
Seasoned financial services executive Aaron Drago has been named Chief Operating Officer for Deephaven Mortgage, responsible for the continuous optimization and performance of Deephaven’s daily operations.
Read More »Lenders React to Rate Hikes, Decreasing Demand
According to a new report by J.D. Power, mortgage lenders are struggling to stand out as demand continues to plummet and rates increase, resulting in higher customer expectations and increased competition.
Read More »MeridianLink Completes Acquisition of OpenClose Mortgage Technology Solutions
Mortgage lending technology leaders at MeridianLink will merge to offer strategic mortgage solutions to improve efficiency while reducing costs and time to close, focusing on supporting depository institutions.
Read More »NAR Tech Survey: Fintech Apps Remain Effective Tools for Realtors
The latest NAR Report revealed eSignature, Lockbox, and MLS apps/technology as the three most impactful technology tools on Realtors’ businesses, with cybersecurity, 5G, and drones expected to have the biggest impact on real estate in the next two years.
Read More »CFPB Explores Ways to Shape Future Policy Initiatives
The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to ...
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