Mortgage Industry News
U.S. Bank Debuts Product to Expand Minority Homeownership Access
U.S. Bank has committed $100 million over the next five years to the Access Home Loan program. Continue Reading U.S. Bank Debuts Product to Expand Minority Homeownership Access
MBA: Mortgage Application Activity Up Slightly
The MBA also reported a scant 0.1% rise in its Mortgage Credit Availability Index for June, to a level of 96.6. Continue Reading MBA: Mortgage Application Activity Up Slightly
Federal government will back $1 million mortgages for the first time
Source: CBS News --- For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up in home prices across much of the nation. The Federal Housing Finance Agency (FHFA) on Tuesday said the maximum size of...
Mortgage market slumps – is this the solution to boost business?
Source: MPA Mag --- Amid a sluggish housing market with a backdrop of inflation, marketing has gained heightened importance as brokers struggle to differentiate themselves in the industry. Now, one marketing expert offers advice on how to go about it. Natalie Mullen...
Mortgage Applications Increase After Dip in Mortgage Rates
Source: Mortgage Orb --- A decrease in mortgage rates resulted in mortgage application volume increasing 2.2% during the week ended November 18. According to the Mortgage Bankers Association’s Weekly Applications Survey, applications for refinances increased 2%...
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