Monday, March 25, 2019
Home Industry Insight

Industry Insight

Fix-and-Flip Loans: Rewarding if Managed Properly

With average coupons twice the rate of agency MBS, residential transition loans (RTLs) are a hot product. Any time a whole loan...

Rent, Buy or Shared-Equity Mortgage: Finding the Best Option

Americans are debt consumers. Often, we consider debt just an inevitable part of life: buying large items like houses, cars, and financing...

The Suitability and Logic of ‘Suitability Logic’ in Valuations

The automation revolution of the past two decades has transformed the mortgage industry. The software tools available today are helping lenders streamline...

Jump in Contract Signings Bodes Well For Spring Home Buying Season

Will the sun, moon and stars align for a stellar spring home buying season?Will mortgage rates remain stable...

Refinance Share Jumped in January as Mortgage Rates Moderated

The refinance share of mortgage originations increased to 35% in January, up from 29% in December to reach the highest level in...

Mortgage Lending Outlook: What’s in Store for 2019

As the U.S. economy continued to strengthen throughout 2018, mortgage companies increasingly faced challenges related to rising interest rates, a shrinking housing...

Putting the ‘Service’ Back in Mortgage Servicing

Providing exceptional customer service is essential for prolonged success in the competitive mortgage industry. Given the pressure to comply with frequently-changing regulatory...

Frequency of Defects in Mortgage Applications Continues to Rise

Due mainly to rising purchase share and the impact from natural disasters, the frequency of defects in mortgage applications increased 7.4% in...

Lack of Inventory Pushes ARM Share to Eight-Year High

Adjustable-rate mortgages (ARMs) represented 9.2% of all loans originated in December - an eight-year high - according to Ellie Mae’s monthly Origination...

Veros: Expect Significant Softening of Home Prices in 2019

Home price appreciation will continue to slow in most markets through 2019, with more markets entering into negative territory, according to the...

Housing Starts Jumped in November But Builder Confidence Dropped

A day after the National Association of Home Builders (NAHB) announced that builder confidence in the market for...

First-Time Homebuyers Accounted for 55% of All Purchase Mortgages in Q3

First-time homebuyers made up a larger share of total home sales in the third quarter compared with a year earlier, however, there aren’t enough...

Three Technologies Having the Greatest Impact on Home Buying

Streamlining time-consuming processes, as well as delivering an improved consumer experience, is top of mind for real estate professionals.

To Combat Rising Origination Costs, Lenders Should Focus on Valuation

Mortgage lenders are still somehow missing out on the efficiencies to be gained in a key part of the process: the appraisal.

The Calm After the Storm: Regulatory Relief in the Wake of HMDA

At the time mandatory HMDA compliance took effect in January, the number of required data fields more than doubled from 44 to 110.

Zombie Foreclosures a Thing of the Past – Or Are They?

We’re down to the last of the zombies.Zombie foreclosures, that is… you know, the foreclosures where the owner “walked away” because they were seriously...

Rate Lock-In Effect Has Homeowners ‘Imprisoned’ in Their Existing Homes

Rising mortgage rates are creating a financial disincentive that's preventing existing homeowners from selling.

Housing Starts Fell in September, Hurricane Recovery Won’t Help

The recovery from hurricanes Michael and Florence will likely slow housing starts in the months to come.

The Peculiarities of New York’s Commercial Mortgage Tax Laws

There are certain oddities of the New York mortgage tax that out-of-state practitioners should be aware of...

Lack of Inventory: The Affordability Killer

Low inventory and high home prices resulted in pending home sales falling 1.8% in August to a score of 104.2 on the the National...

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