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Rates will rise in 2017 – but access to mortgages will increase, experts predict

12.14.2016

Housing market growth will slow and mortgage rates will rise in 2017 – but more people will have access to mortgage credit. That’s according to predictions from Redfin data scientists and thought leaders asked to project what the incoming administration of President-elect Donald Trump will hold for the housing market in the new year.

Making the Mortgage Picture Clearer for Buyers

12.12.2016

A substantial number of would-be homebuyers lack the financial education to navigate the homebuying process, according to a recent survey from Sente Mortgage. And according to Sente Mortgage CEO Tom Rhodes, it’s up to the industry to step in and provide potential homebuyers with the education they need.

Potential Refi Market Cut in Half After Post-Election Rate Surge

12.07.2016

The number of borrowers able to refinance a loan has been cut by more than half as a result of the post-election rise in interest rates, according to Black Knight Financial Services' monthly Mortgage Monitor report.

Experian Adds Trended Credit Data Options

11.15.2016

Experian has launched a trended data report option for mortgage lenders.

The company has not discontinued traditional credit reports in introducing the change the way other credit bureaus did.

Housing Inventory: It’s ‘Painfully Low’

10.28.2016

Single-family housing inventory has been tight for many months, but in September it was down to “painfully low” levels—and it’s having an adverse effect on the housing market. Meanwhile, demand for housing has remained strong, according to the National Association of Realtors (NAR) September Pending Home Sales Index (PHSI).

10 Bold Predictions for the Future of the Mortgage Industry!!!!!!!!!!!!

10.21.2016

If the past 40 years has revealed anything about the mortgage industry, it's that change is constant, and inevitable. From the future of Fannie and Freddie to the role technology will play in underwriting, here's a look at 10 bold predictions that will shake up the mortgage industry.

Mortgage Applications and Rates Take a Drop

09.29.2016

It was a weak week for mortgage applications, according to the latest Mortgage Bankers Association Weekly Mortgage Applications Survey.

Refi Boom, Compliance Keeping Loan Defects Low

09.02.2016

The recent spike in mortgage refinances driven by near historically low mortgage rates has benefited the loan production process by the lowering the frequency of defects, fraudulence, and misrepresentation in the information submitted in mortgage loan applications, according to data released by First American Financial Corporation on Wednesday.

Lenders Win When Originators Attend the Closing

08.18.2016

While lenders have long touted the value have having the originator of a mortgage loan attend the closing, a recent analysis from STRATMOR Group uncovered added benefits.

Freddie Mac Forecasts $2T in 2016 Originations

08.16.2016

Mortgage originations are expected to top $2 trillion this year, according to the latest Monthly Outlook Report issued by Freddie Mac. This forecast marks the first time in four years that Freddie Mac is expecting more than $2 trillion in originations for a single year.

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