It has been more than a year since TRID went into effect, and over time, lenders have substantially reduced the number of TRID-related defects in loans.
Read More »How Will Rising Rates Impact Affordability?
Analysts have predicted that rising mortgage rates would result in a shift from a refinance-driven market to one that is more purchase-loan oriented, and that shift may already be taking place.
Read More »Ohio Senate Says Yes to Curbing Urban Blight
The property preservation industry has taken another huge step toward reducing community blight with the passage of Ohio H.B. 463 in the Ohio State Senate.
Read More »Fannie Mae Offers Appraisal Waiver for Eligible Loans
Under new guidelines, which Fannie Mae-backed loans will be offered a property inspection waiver?
Read More »Credit Unions Weigh in on GSE Reform
The chief of the National Association of Federal Credit Unions has asked Congress to keep certain principles in mind while drafting a plan to overhaul Fannie Mae and Freddie Mac.
Read More »House Votes to Lighten Regulatory Load for Banks
A bill proposing to amend Dodd-Frank and change the way bank holding companies are designated as systemically important passed in the House with a bipartisan vote and has now moved on to the Senate for consideration.
Read More »Refinanceable Population Takes Another Big Hit
Mortgage interest rates are at their highest level of 2016, causing the number of borrowers with an incentive to refinance to drop substantially. What effect will the shrinking refinanceable pool have on the market?
Read More »The Week Ahead: Fed Rate Hike Widely Expected
Will the Federal Open Market Committee raise the federal funds target rate for the first time in a year? Many economist and analysts seem to think that the economy has improved enough for the Fed to raise rates.
Read More »Making the Mortgage Picture Clearer for Buyers
A substantial number of would-be homebuyers lack the financial education to navigate the homebuying process, according to a recent survey. What can the industry do to educate potential homebuyers?
Read More »Taking on Obstacles to Homeownership
The U.S. homeownership rate recently rose up from its 51-year low, but there is still more work to be done to create more homeowners in America, according to experts at a recent National Association of Realtors event.
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