Mortgage Industry News
Mortgage Credit Availability Down in December to 11-Year Low
“Ongoing industry consolidation is resulting in more loan programs being removed from the marketplace,” said MBA’s Joel Kan. Continue Reading Mortgage Credit Availability Down in December to 11-Year Low
Are More Consumers Becoming Optimistic About Homebuying?
Fannie Mae’s Mark Palim pointed to “a survey-high share of consumers anticipating mortgage rate declines over the next year.” Continue Reading Are More Consumers Becoming Optimistic About Homebuying?
Covius Announces Integration with Flueid as Part of Larger Digital Transformation of Loss Mitigation
Covius, a provider of technology-enabled solutions to the financial services industry, announced today that its Settlement Services division is integrating with Flueid to accelerate the digital transformation of Covius' loss mitigation offerings. Flueid is a real...
This Cost-Lowering Idea Could Prove Risky
Source: Scotsman Guide --- The Federal Housing Finance Agency, Fannie Mae and Freddie Mac are taking steps to ensure that everyone has access to affordable housing — especially low- and moderate-income families. Certain components of these initiatives, however,...
Want a Lower Interest Rate? Try This Strategy
Source: The Ascent --- With mortgage rates hitting 20-year highs, the monthly payment for a $500,000 home is $1,000 higher than it was for the same loan a year ago. Are you looking for ways to lower your monthly mortgage payments? A mortgage buydown may be the answer....
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