U.S. residential properties have been regaining equity in their homes at a substantial rate since negative equity peaked in 2012, and homeowners are finding a way to use all that equity.
Read More »Diversity Council Names New Senior Policy Advisor
To further the mission of creating and sustaining dialogue that addresses key issues affecting diversity and inclusion in the mortgage industry, the AMDC announced that it has appointed a new Senior Policy and Program Advisor.
Read More »Existing-Home Sales Outlook is Not So Pretty
Existing-home sales cooled off in the latest report, and the immediate future doesn't look too bright, according to one analysis.
Read More »History is Not Repeating Itself with FHA Loan Risk
FHA loans have historically been riskier than conventional mortgage loans, but recent data shows a reversal. Why have FHA loans been less risky than conventional loans lately?
Read More »Here is When Building Homes for Rent Makes Sense
Analysis has shown that building homes for sale generates greater profits, but sometimes it makes sense to build single-family homes for the purpose of renting.
Read More »House to Stumpf: Investigation is Only Beginning
Wells Fargo Chairman and CEO John Stumpf was questioned by the House Financial Services Committee on Thursday over his bank's retail sales practices, which cost the bank $185 million in penalties from regulators.
Read More »Challenges Easing for Millennials and First-Time Buyers
The down payment has traditionally been cited as the most common obstacle to homeownership. But apparently, it may not be as big an obstacle as originally thought.
Read More »Market May Be Primed for Origination Spike
Analysts believe everything is in place for mortgage originations to finish big in 2016.
Read More »STRATMOR Group Plans to Launch Standardized LOS Comparison
STRATMOR Group has announced plans to launch an independent, standardized loan originating systems (LOS) comparison in 2017.
Read More »Are Slow Pending Home Sales a Bad Omen for Housing?
Pending home sales have cooled off in three of the past four months. Could this be a sign of a stalling housing market?
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