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Housing wealth is setting new records for both owners and sellers

Housing wealth is setting new records for both owners and sellers

by Third Party | Feb 6, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: CNBC —  The stunning jump in home values over the course of the Covid-19 pandemic has given U.S. homeowners record amounts of housing wealth. What they choose to do with it could have impacts on the broader economy.  Annual home price gains averaged 15%...
Mortgage stocks are in free fall. So what’s next?

Mortgage stocks are in free fall. So what’s next?

by Third Party | Feb 6, 2022 | Industry Updates, News/Current Events

Source: Housing Wire —  Driven by a desire to achieve greater scale and gain access to cheaper capital, nonbank mortgage lenders dove headfirst into the public markets during the Covid-19 boom.  How could they resist? It was, after all, a once-in-a-lifetime...
SRE Technologies Promoting Homeowners Portal in San Diego

SRE Technologies Promoting Homeowners Portal in San Diego

by Staff Writer | Feb 4, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Just a few weeks after the company launched a multi-million dollar consumer advertising campaign in Utah, SRE Technologies Inc., developer of an online destination designed to save home loan borrowers money by connecting them with select mortgage originators,...
Mortgage application process just as stressful — or worse — than buying a home, study finds

Mortgage application process just as stressful — or worse — than buying a home, study finds

by Third Party | Feb 4, 2022 | Industry Updates, Mortgage Information

Source: Scotsman Guide —  A new report from Mastercard-backed data company Finicity has shed light on an uncomfortable perspective for the lending industry: As frustrating as the homebuying experience can be in today’s torrid, ultracompetitive marketplace,...
MBA’s Mike Fratantoni on measuring mortgage competition

MBA’s Mike Fratantoni on measuring mortgage competition

by Third Party | Feb 3, 2022 | Industry Updates, Mortgage Information

Source: Housing Wire —  Mortgage industry participants may disagree a great deal on several different topics. However, I expect that you would find no argument with the following statement: Mortgage lending is a highly competitive business. While the scope of...
Reverse mortgages can be ‘useful’ for retirees

Reverse mortgages can be ‘useful’ for retirees

by Third Party | Feb 3, 2022 | Industry Updates, Mortgage Information

Source: Reverse Mortgage Daily —  Retirees often have to navigate the homeownership and mortgage landscape with a series of unique concerns, owing to the natural occurrences of aging and the reality of what is largely a fixed income. Taking advantage of tools...
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