ATTOM: GOP Tax Plan Will Mostly Impact Luxury Housing Market
The luxury real estate market will be most impacted by the Republican tax proposal unveiled last week, according to a recent analysis from ATTOM...
National MI Now Integrated with PCLender
Users of the PCLender mortgage origination platform from Fiserv can now get quotes and order mortgage insurance from National MI without leaving the software...
Freddie Mac: Mortgage Rates Edged Down Slightly
After staying more or less flat the previous week, mortgage rates edged down sightly during the week ended Nov. 9, according to Freddie Mac’s...
Experts: Home Builders Starting to Bring Smaller Homes, Townhouses into Inventory
For more than two years economists and industry experts focused on the housing market have decried a lack of available inventory as the main...
Capital One Getting Out of Mortgage Lending
Capital One Financial Corp. is exiting the mortgage business, resulting in the elimination of more than 1,000 jobs.
Specifically, the company plans to cut 905...
Tom Gillen: Expect to See Increasing Use of Alternative Credit Data
PERSON OF THE WEEK: Tom Gillen is senior vice president of secondary marketing for Churchill Mortgage, which offers residential mortgages across 44 states.
MortgageOrb recently...
Black Knight: Home Affordability Better Today Than in the Late 90s
U.S. homes are, on average, more affordable today than they were during the late 1990s and early 2000s, according to a report from Black...
ATTOM: 27.2 Percent of Home Sales in Q3 Were All-Cash
All-cash buyers accounted for 27.2% of single-family home and condo sales in the third quarter, down from 28.2% in the previous quarter but up...
CoreLogic: U.S. Home Prices Continued to Rise in September
U.S. home prices increased 0.9% in September compared with August and were up 7% compared with September 2016, according to CoreLogic’s home price index.
West...
MBA: Mortgage Application Volume Flat
After decreasing the previous two weeks, mortgage application volume was flat during the week ended Nov. 3, according to the Mortgage Bankers Association’s (MBA)...
MBA: Mortgage Credit Availability Decreased in October
Mortgage credit availability decreased 0.2% in October compared with September and fell to a score of 181.0 on the Mortgage Bankers Association’s (MBA) Mortgage...
Rising Interest Rates, Home Prices Boost Average Home Tenure to 8.19 Years
If you are looking for more evidence that rising interest rates and soaring home prices are keeping Americans “stuck” in their current homes, look...
Elements to Consider When Selecting a Real Estate Marketplace
BLOG VIEW: The continued growth in consumer-facing technology has paved the way for a better model of buying and selling real estate.
By leveraging online...
Mid America Mortgage Launches New Digital Mortgage Platform, NASCAR Deal
Mid America Mortgage Inc., a multi-state mortgage lender with a strong focus on technology, recently launched Click n’ Close, a new digital mortgage approval...
AmeriSave Mortgage Corp. Taps Bob Smith as President
Mortgage industry veteran Robert J. (Bob) Smith is the new president of AmeriSave Mortgage Corp., a privately owned online home mortgage lender.
Smith replaces Ed...
Average Home Price Up 10% Year Over Year in Q3
The average price for a single-family home in the third quarter reached $248,000, an increase of 10% compared with the third quarter of 2016,...
Jobs Report Falls Short of Expectations, Wages Failing to Keep Up
About 261,000 jobs were added to the U.S. economy in October and the unemployment rate edged down to 4.1%, according to estimates released by...
Freddie Mac: Mortgage Rates Held Flat
Mortgage rates held more or less flat during the week ended Nov. 2, with the average rate for a 30-year fixed-rate mortgage (FRM) at...
MBA Taps Laura Hopkins as Director Of Strategic Member Relations
Laura Hopkins is the new director of strategic member relations for the Mortgage Bankers Association (MBA).
Hopkins has more than 15 years of mortgage industry...
The Value of True Digital Lending
BLOG VIEW: When it comes to modern digital lending, point-of-sale technology is a trendy topic. Every lender wants a shiny, intuitive POS for their...