National Mortgage News- Purchase volume to hit record highs over the next 3 years: MBA October 21, 2020But an expected drop in refinancings as mortgage rates rise should more than cancel that out, resulting in declining overall volume through 2023.
- RON use is likely to grow. Desktop appraisals not so much, HUD says October 21, 2020HUD Deputy Secretary Brian Montgomery questioned "whether we could ever totally accept desktop-only appraisals" at the Mortgage Bankers Association conference this week.
- Starwood Capital plans to refinance extended-stay hotel debt via CMBS October 21, 2020The private investment firm is securitizing a $265 million loan backed by fee interests in 58 well-performing properties across 12 states.
- Refinance and purchase volume shares flip from year-ago rates October 21, 2020Mortgage volume continues to surge, driven by borrowers refinancing behind record-low interest rates, according to Ellie Mae.
- Purchase volume to hit record highs over the next 3 years: MBA October 21, 2020
- HousingWire- Mortgae News
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- Mortgage Daily
- Continued Deterioration in Origination Quality October 26, 2018As home lenders and investors have recently been a little more relaxed about credit qualifications compared to just after the crisis, mortgage quality has weakened. Still, quality is better than before the crisis.During the past three years, the quality of residential loans originated has weakened, though credit quality remains far stronger than the early 20 […]
- Best Mortgage Lenders By Category October 26, 2018A report based on a recent survey of consumers who were shopping for a residential loan has identified the best home lenders in a variety of categories -- including government programs, jumbo loans and online services.The 10-question survey of prospective mortgage borrowers found that before they applied for a home loan, 40 percent checked their credit repor […]
- Business Falls to 6-Month Low at Freddie October 26, 2018New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months. Delinquency, meanwhile, remained at its lowest level in a decade.When September was over, Freddie Mac's total mortgage portfolio stood at $2.1513 trillion -- including a $0.2278 trillion in mortgage investments and $1.9235 trillion in outstanding mortgage-r […]
- Continued Deterioration in Origination Quality October 26, 2018
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