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Mortgage
Is opportunity improving for first-time homebuyers?
Jul 24, 2024For Kristin O’Neil (pictured top), senior loan officer at Open Door Lending, 2024 has seen an uptick in first-time buyers making inquiries and having a serious chance of purchasing a...
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Mortgage
20 states where mortgage delinquency is increasing the most
Jul 23, 2024Enjoy complimentary access to top ideas and insights — selected by our editors. Some mortgage delinquency is inevitable, but when it starts to grow across a state, the state’s economy...
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Mortgage
Does a (fee) cap fit? – Mortgage Strategy
Jul 22, 2024Shutterstock / MaskaRad The UK’s largest lender, Halifax, recently set a precedent by publicly announcing a cap on how much brokers could charge their clients for advice. The lender’s decision...
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Mortgage
Is the US housing market turning a corner?
Jul 21, 2024That drop contributed to a boost in refinances, which increased to their highest level since August of 2022, while applications were up 3.9% over the week prior as the market...
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Mortgage
ICE’s Encompass down following CrowdStrike incident
Jul 20, 2024ICE Mortgage Technology’s Encompass loan origination system went down following a global technology outage. By Friday afternoon, many parts of the mortgage software provider’s system were restored, a company representative...
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Mortgage
15 Jul to 19 Jul – Mortgage Strategy
Jul 19, 2024Mortgage Strategy’s Top 10 Stories for the Week: This week’s top stories highlight significant shifts in the mortgage landscape. From a high-profile resignation in Welsh housing to ambitious plans outlined...
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Mortgage
Freddie Mac’s Pilot Program to Buy Second Mortgages Probably Isn’t a Big Deal
Jul 18, 2024In case you missed it, the Federal Housing Finance Agency (FHFA) granted conditional approval to Freddie Mac to purchase single-family closed-end second mortgages. What this means is lenders will now...
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