Nonbanks originated about half of all mortgages in 2016 and 75 percent of mortgages insured by the FHA or VA. However, a recent study by the Brookings Institution ...
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 ...
Read More »Servicing the Underserved
MReport spoke to Ray Brousseau, President, Carrington Mortgage Services, LLC, and Andrew Taffet, Chief Investment Officer and Head of Asset Management, The Carrington Companies on what drives their ...
Read More »Mortgage Applications Decrease as Rates Rise
Mortgage applications decreased 6.6 percent from a week earlier as rising interest rates made the prospect of buying a home more costly for potential homebuyers. According to data ...
Read More »More Borrowers Opt for Refis
Refinance loans saw more closings than any other mortgage loan in January, with refis representing 45 percent of all closed loans, according to the monthly Origination Insight Report ...
Read More »Mortgage Apps on the Rise
Strong economic fundamentals and a growth in jobs were complemented by a rise in the number of people buying homes at the beginning of 2018 according to data ...
Read More »Mortgage Credit Availability Increased in January
Mortgage credit availability increased by 2.1 percent to 182.9 points in January according to the Mortgage Credit Availability Index (MCAI) data released on Tuesday. The MCAI, a report ...
Read More »Rising Interest Rates See Mortgage Applications Decline
A rise in mortgage interest rates saw mortgage applications decrease 2.6 percent from one week earlier, according to data from MBA Weekly Mortgage Applications Survey released on Wednesday. ...
Read More »Rising Housing Demand Leads to Increase in Mortgage Applications
Mortgage applications grew on the basis of a strong economy and an upsurge in post holiday demand in the housing market.
Read More »Mortgage Applications Start the Year Right
Mortgage loan applications rose 8.3 percent in the first week of January, reflecting an optimistic housing market.
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