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Read ArticleMortgage Bank Honoring Veterans With Partnership
Gateway First Bank, one of the ten-largest banks by assets in the State of Oklahoma and one of the largest mortgage bank operations in the United States, announced it renewed its annual...
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Read ArticleThe Rise of Mortgage Brokers with Millennials
The second annual National Mortgage Brokers Day on Thursday, July 18, was a success, according to the Chairman of the Association of Independent Mortgage Experts (AIME), Anthony Casa, as brokers...
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Read ArticleStudying the New Generation of Homebuyers
Editor’s note: This feature originally appeared in the July issue of MReport, out now. D. Steve Boland, Head of Consumer Lending at Bank of America, also heads the bank’s retail segment for...
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Read ArticleThe Week Ahead: Another Increase for Existing Home Sales?
The National Association of Realtors (NAR) will release its June Existing Home Sales report on Tuesday, July 23, after May’s report revealed an increase for the first time in two months. Existing...
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Read ArticleAnalyzing Hurricane Barry’s Impact on Housing
New data indicates that Hurricane Barry caused between $500 Million and $900 million in flood and wind losses. The post Analyzing Hurricane Barry’s Impact on Housing appeared first on theMReport.com.
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Read ArticleEye on the Industry: Updates on Executive Hires, Technology
Planet Home Lending hires a EVP of National Operations, LenderClose expands its staff and Hubzu launches a new digital platform. The post Eye on the Industry: Updates on Executive Hires,...
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Read ArticleUpdate on GSE Reform
The presidential administration’s blueprint for overhauling mortgage guarantors Fannie Mae and Freddie Mac may not be published until September. Here's why. The post Update on GSE Reform appeared...
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Read ArticleHousing’s Role in the U.S. Economy
A new report from CoreLogic examines how housing has played a part in what is now the longest economic expansion on record. The post Housing’s Role in the U.S. Economy appeared first on...
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Read ArticleTracking the Drop of the 30-Year Note Rate
Ellie Mae’s June Origination Insight Report revealed that the 30-year note rate dropped for the sixth-consecutive month to 4.40%, which is down from 4.52% in May. The 30-year note rate for FHA...
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Read ArticleMortgage Lenders vs. Growing Technology
The growing use of technology in the mortgage space is what most lenders call their biggest competitor, according to analysis from Fannie Mae. Fannie Mae’s VP of Single-Family Strategy and...
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Read ArticleExamining the Gap Between Homeownership and Potential Demand
Potential homeownership demand in 2018 increased by just 0.66% when compared to 2017, but the homeownership rate underperformed potential demand by 8.7%, according to the First American...
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Read ArticleHousing Starts, Building Permits Take a Hit in June
Housing starts in June fell 0.9% month-over-month to a rate of 1,253,000, which is a marginal decline from May’s revised estimate of 1,265,000, according to information from the U.S. Census...
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Read ArticleHomebuyer Assistance Act Addresses Appraisal Shortages
The Homebuyer Assistance Act of 2019, H.R. 2852, originally introduced by Reps. Brad Sherman and Sean Duffy on May 20, has been advanced by the House Financial Services Committee. The post...
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Read ArticleAlternative Method to Sell Your Home Expanding
Zillow announced that Portland, Oregon, has become the 12th market where it can now directly buy homes, giving homeowners a new way to sell their properties. "Sellers across the country have...
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Read ArticleForeign Investors Pulling Out of U.S. Housing Market
A sluggish U.S. housing market and tighter currency controls by the Chinese government caused the dollar volume of homes purchased by foreign buyers from April 2018 to March 2019 to drop 36%,...
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Read ArticleIndustry Veteran Retires—A Look Back
After more than 35 years in the mortgage default industry, Draper reflects on his career and accomplishments. The post Industry Veteran Retires—A Look Back appeared first on theMReport.com.
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Read ArticleMobile App Introduced by Real Estate Marketing Company
Hubzu, an online real estate marketing platform, announced the launch of new mobile technology features including a mobile app and SMS notifications. These features allow Hubzu users to further...
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Read ArticleNew Employees Announced for Fintech Startup
Iowa-based fintech startup LenderClose has expanded its staff, adding three new employees. To meet demand from its growing client base of community lenders nationwide, LenderClose has increased...
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Read ArticleHousing in the Low Mortgage Rate Environment
As the rest of the economy slows, housing may be a bright spot, according to a new report from Fannie Mae. The post Housing in the Low Mortgage Rate Environment appeared first on theMReport.com.
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Read ArticleThe Decline of Single-Family Housing Authorizations
BuildFax’s latest Housing Health Report revealed year-over-year declines in single-family housing authorizations, as they have fallen 2.75% since 2018. Also seeing declines are existing housing...
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