Home / Tag Archives: Borrowers (page 11)

Tag Archives: Borrowers

Can Online Lending Decrease Risk?

Digital

Technological innovation is changing the way the mortgage industry works, and the model followed by lenders who have embraced technology such as end-to-end online mortgage application and approval processes have made lending a less risky prospect, according to a report ...

Read More »

Refis Rise on Low Purchase Market

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 published by Ellie Mae on Wednesday. The percentage of FHA refinances increased to 28 percent of ...

Read More »

Can Homebuyers Get Better Government Loan Modifications?

The second in a three-part series of reports examines government loan modification products available for loans insured by the FHA, the VA, or the USDA and explores how borrowers who fall behind on payments can receive adequate payment relief in a high market rate environment.

Read More »

HUD Secretary to Work on Big Banks’ Lending Practices

Secretary of the U.S. Department of Housing and Urban Development Ben Carson said in a speech on Monday that he promises to help big banks get more comfortable about financing lower-income borrowers, without fear of being penalized from mortgage lending errors.

Read More »

DIMONT Launches New Technology to Assist Servicers

DIMONT, a provider of insurance claims adjusting and collateral loss mitigation services to the residential mortgage and auto lending industries, has announced the launch of its online loss drafts portal with technology developed by IndiSoft, a solutions development firm specializing ...

Read More »

TRID’s Mixed Reviews Six Months Later

Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?

Read More »