Mortgage credit availability reaches post-crisis high among GSEs, government lenders
Mortgage lenders are opening access to credit as mortgage interest rates continue to rise, according to the latest Housing Credit Availability Index.
Average American putting less money down when buying a home
The average down payment on a U.S. home fell in the third quarter, according to the latest data collected from digital loan sourcing site LendingTree. Each quarter, LendingTree compares down payment percentages and conventional 30-year, fixed-rate purchase mortgage...
Are mortgage lenders responsible for ensuring applicants have not taken on new debt?
Are mortgage lenders responsible for ensuring applicants have not taken on new debt? It’s a compliance hot topic as we all know that sometimes borrowers, upon applying for a mortgage, learn their credit score and then go try to buy a car
Mastering the art of HECM origination
But as seniors amass record-breaking levels of home equity and express an overwhelming desire to age in their homes, it’s also easy to see why this product could eventually rack up more volume as Baby Boomers continue to retire.
cataLIST getting into the direct home buying business
One of the nation’s biggest real estate brands is planning to launch its own direct buying business, and its siblings may not be far behind.
