According to a new report from Black Knight, Inc., half of new mortgage payments are over $2,000, while a quarter have surpassed the $3,000 mark.
Read More »Here’s Where You’ll Get the Biggest Home Equity Loans
With home equity at all-time highs, now estimated to be some $28.7 trillion of it, you will not get the same size home equity loan everywhere. Here’s where you will get the biggest bang for your buck.
Read More »Purchase Lending, Refinance, and Home Equity Activity Rebounded in Q2
ATTOM's latest Residential Property Mortgage Origination Report showed purchase lending led the way in Q2, spiking nearly 30%, while overall refinance and home equity activity also rose after eight straight quarterly declines.
Read More »Young Americans: Green With Housing Envy
A survey from Mphasis Digital Risk shows that a majority of younger Americans routinely go online to check the value of friends’ and neighbors’ home prices, and this act is causing them yet another form of stress.
Read More »The Silver Lining in a Greenfield Playbook
Because it requires a detailed strategy and high level of expertise to create a lean organization, the Greenfield Playbook can guide a mortgage servcier to formulating a cost-effective operation through digital technology.
Read More »The Servicer’s Guide to Mortgage Blockchain Disruption
Sagent’s Dan Sogorka looks at modernizing servicing technology and plotting out a new infrastructure to keep ahead of where consumer finance and capital markets are headed (Sponsored Content).
Read More »Fed’s Powell Urges “Patience”
With the Fed keeping interest rates unchanged for now, here’s how a potential rate hike can affect the housing market and the economy.
Read More »What’s Driving Mortgage Servicing?
From business expansion to exploring the value of artificial intelligence to make mortgage servicing more cost-effective, Steven Frie, Director Structured Finance at S&P Global Ratings shares his views on the trends that are shaping the industry.
Read More »The Changing Makeup of Consumer Debt
Mortgage debt makes up a noticeably smaller share of total consumer debt than it did a decade ago, according to the latest Equifax National Consumer Credit Trends Report, covering data for March 2018. According to the Equifax report, mortgage debt ...
Read More »FOMC Meeting: Setting the Pace for Future Rate Hikes
The meeting of the Federal Open Market Committee (FOMC)—the policy-making arm of the Federal Reserve begins today. This is also the first time that the meeting is being led by Jerome Powell the new Chairman of the Federal Reserve Board. ...
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