According to the Mortgage Bankers Association's Builder Application Survey (BAS), data for February 2022 shows mortgage applications for new home purchases decreased by 1%, but on a year-over-year basis applications are ...
Read More »Gauging the Prevalence of Non-Conventional Financing
A new report studies the share of non-conventional financing compared to conventional, and what areas of the country use it the most. Click through to read more.
Read More »VA Mortgage Company Hiring to Keep up With Demand
NewDay USA reported its VA loan originations during the three months ending on June 30 totaled nearly 2,500 loans with an aggregate principal balance of $576 million, a 32% increase from the prior quarter.
Read More »Refunds on VA Loans Total More than $400M
An inspector general’s report found thousands of vets were improperly charged extra fees. Click through to read more.
Read More »Scholarships Awarded to Children of Service Members
The children of veterans who fought in the War on Terror will now go to college thanks to one of the nation’s largest VA mortgage lenders.
Read More »The Benefits of a VA Loan
Michael Oursler, Chief Credit Officer for NewDay USA, hosted a webinar and discussed the benefits and complexities of utilizing VA loans. NewDay USA specializes in loan origination for ...
Read More »Veterans and the Mortgage Industry
This 4th of July, MReport looks at some of this year’s key initiatives by the mortgage industry that are aimed at helping military veterans become homeowners.
Read More »New Program Aims to Protect Customer During Mortgage Process
Guild Mortgage, an independent mortgage lender located in California, announced Homebuyer Protection, a program designed to give customers added protection and peace of mind during the mortgage ...
Read More »Refinancing Makes a Comeback
Here’s why more millennial homeowners opted to refinance their mortgage loans, even as new buyers continued to enter the market.
Read More »CFPB: Service Members Prefer VA Loans
A new report shows a steady rise in preference for VA loans among military homebuyers. Learn the details of the CFPB report here.
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