Home / Tag Archives: Financing

Tag Archives: Financing

Consumer Confidence Doesn’t Reflect Facts

More consumers believe they would get rejected for a mortgage, but recent data shows different. While 41.4 percent of consumers felt like they would be rejected if they were to apply for a mortgage, February data shows that only 13.3 percent of mortgage applications get rejected.

Read More »

Survey: Misconceptions Holding Back Homebuying

While nearly seven in 10 Americans agree that now is a good time to become a homeowner, a large number remain reluctant due to their own misconceptions of the financing process, according to survey results. For example, Wells Fargo reported, 30 percent of respondents expressed belief that only people with high incomes can obtain a mortgage at this point, and 64 percent said they believe only those with a "very good"” credit score can buy a home right now.

Read More »

Your Daily Dose of DS News

Get the news you need, when you need it. Subscribe to the Daily Dose of DS News to receive each day’s most important default servicing news and market information, absolutely free of charge.