Applications and rates jumped preceding and following the announcement of the Fed rate hike.
Read More »Goldman Sachs Keeps Buying Fannie Mae Loans, Why?
The company recently purchased about 8,000 loans with unpaid balances of $1.4 billion from Fannie Mae.
Read More »Black Knight Introduces Loan Origination Software for Small-Midsized Lenders
New software platform for smaller and mid-size lenders will allow companies to customize their operations and focus on revenue growth and operating efficiency.
Read More »HSBC Pays Out $371M in Consumer Relief
The monitor for the National Mortgage Settlement said that the payment is the last the company will make.
Read More »Low Down Payment Programs Attracting Millennials
Statistics show that 65 percent of first-time homebuyers in January only made a zero to 6 percent down payment.
Read More »Shaping Tomorrow’s Mortgage Leaders
C-level mortgage leaders were surveyed to find their leading staffing concerns for this year and in the future, including talent acquisition, retaining good people, and hiring millennials.
Read More »Mortgage Rate Levels Jump
The rise in mortgage rates is attributed to the anticipation of a possible federal rate hike next week.
Read More »Loan Origination Systems Were Not Ready For TRID
A recent study found that mortgage lenders cited the federal "Know Before You Owe" mortgage disclosure rule to be the source of most of their quality control headaches in 2016.
Read More »New Loans Reach Record Levels While Delinquencies Dip
Statistics show that purchase lending during Q4 2016 hit its highest level since 2006, with total delinquencies reduced to 4.25 percent.
Read More »Wells Fargo Wants More African American Homeowners
Wells Fargo looks to spur the demographic that was hardest hit during the housing crisis.
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