Homebuyers overcame one of the housing market's biggest obstacles—an imbalance in supply and demand— in March with a rebound in home sales.
Read More »Is TRID to Blame for Jumbo MBS Disappearance?
For the last 10 years, jumbo mortgage-backed securities have been climbing their way back into the market, but did the implementation of TRID and other factors put a stop to growth in this sector?
Read More »Back to Basics: 4 Ways to Transform the GSEs
Andrew Davidson, President of Andrew Davidson & Co., Inc., says that the GSEs should be striped down to the functions that promote standardization, liquidity, and access to credit, and adopt the best governance structures for those functions using these four methods.
Read More »The Unexpected Pitfalls in Home Building
Home building in the U.S. slowed to the slowest pace in seven months after reaching a nine-year high, reflecting growing concerns in the construction sector and adding to inventory worries.
Read More »Visionet Systems Integrates with LendingQB
Visionet Systems Inc., an automated document classification, indexing, and data extraction provider for the mortgage industry, recently announced it has completed an integration with loan origination system provider LendingQB.
Read More »Goldman Sachs’ Profits Suffer a Huge Blow
Investment banking firm, Goldman Sachs, is the latest financial firm to have its profits take a turn for the worse, following plummeting incomes reported from JPMorgan Chase, Citigroup, Bank of America, Wells Fargo, and PNC.
Read More »Are Small Loans a Thing of the Past?
One task that has never been easy in the housing market is getting a mortgage loan for under $50,000, but small loans are quickly nearing the point of nonexistence which will create barriers of entry for homeownership.
Read More »The Reemergence of First-time Home Buyers
First-time buyer volume rose significantly in March 2016, driven by continued labor market improvements, riskier mortgage lending, and historically low mortgage rates.
Read More »Home Builders Proceed With Cautious Optimism
Confidence among home builders has held firm over the last few months, showing slow, but continued progression in the single-family sector. However, builders are still faced with concerns about labor and lot shortages.
Read More »ATR Rule Sends Borrower Claims Packing
Borrower claims appear to be fleeing the housing market two years after the Consumer Financial Protection Bureau introduced the Ability to Repay rule for mortgage servicers.
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