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Tag Archives: va loans

Mortgage Disclosure Process Improving for Lenders, Borrowers

The CFPB announced the approval of the Independent Community Bankers of America's (ICBA) proposed template to improve mortgage disclosures to "provide consumers greater clarity, streamline the process through improved disclosure requirements, and expand access to more affordable homes in rural areas with limited housing supply," according to Rebeca Romero Rainey, President and CEO of ICBA.

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U.S. Delinquency Rate Ticked Up in November

A new report reveals that the national delinquency rate inched higher in November but remains below pre-pandemic levels, while "serious" delinquencies—those that are more than 90 days past due—also rose but are down year-over-year.

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Examining Discrimination, Financial Barriers in the Homebuying Process

Nearly one in six prospective homebuyers across different races and ethnicities reported facing some form of discrimination during the homebuying process, according to the National Association of Realtors. Others cited their primary reasons for stalling their home purchase as waiting for mortgage rates and home prices to decline, alongside a lack of available homes within their budget.

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Demand for VA Mortgages Spurs Hiring

veterans

NewDay USA reported its VA loan originations during the three months ending on June 30 totaled nearly 2,500 loans with an aggregate principal balance of $576 million, a 32% increase from the prior quarter.

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Making Housing Work for Vets

As the country celebrates 243 years of freedom, take a look at how the industry is helping the men and women on the wall who keep America safe and secure.

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New Program Looks to Ease Customers’ Minds

Guild Mortgage, an independent mortgage lender located in California, announced Homebuyer Protection, a program designed to give customers added protection and peace of mind during the mortgage process. Homebuyer Protection combines three of Guild’s loan programs and services, allowing homebuyers ...

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