First mortgage origination was a major driver of growth at credit unions in the third quarter, according to analysis.
Read More »Advocacy Groups Urge Regulators to Loosen Credit Access
Depending on who is reporting origination numbers, access to mortgage credit is either tight or loose. A group of 21 advocacy and civil rights groups let regulators know they think it is too tight.
Read More »Freddie Mac Takes a Giant Step Toward a Single Security
Freddie Mac has reached a “critical” milestone toward its goal of implementing the Single Security Initiative with the first use of Common Securitization Platform (CSP) software.
Read More »Confidence Waning Heading into the New Year
Home sales experienced their best year in a decade in 2016, but that hasn't translated to more confidence that housing and the economy are going to improve in 2017, according to a recent survey.
Read More »Prices Have Far Surpassed Peaks in Some Markets
In which markets have home prices past their pre-recession high and continued climbing—and in which markets are prices still furthest below their peak?
Read More »CFPB Penalizes Three Reverse Mortgage Lenders
The Consumer Financial Protection Bureau alleged that the three companies engaged in deceptive advertising practices described in the Bureau's study on reverse mortgage advertising released last year.
Read More »MetaSource Names New Chief Revenue Officer
MetaSource has announced the promotion of John Nixon to the promotion of Chief Revenue Officer.
Read More »The Focus on Exchanging Information in Real Time
Real-time exchange of information among all parties involved in the origination process is one of the challenges for the lending industry in 2017.
Read More »How Much Longer Will Housing Favor Sellers?
Housing experts believe that the market will shift to favor buyers at some point, but some think it is going to take longer than others, according to one analysis.
Read More »Home Prices ‘Soaring’ Toward Peak Levels
While home price recovery has been somewhat uneven across the country, nationwide averages of home price appreciation indicate that prices are rapidly approaching levels not seen since before the recession.
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