Industry News

Housing Market Potential Reaches 13-Year High

October 21, 2020

According to First American Financial Corporation’s sales model, there is room in the market for additional movement.
Mortgage Snapshot

October 13, 2020

Quick news from the world of mortgage lending.
Home Sales Soar

October 13, 2020

For the third consecutive month, home sales have made positive gains.
MBA Supports CFPB QM Rule

October 6, 2020

The MBA released an official statement commending the CFPB for its new QM proposal.
Black Knight’s Mortgage Monitor Report Released

October 6, 2020

Report shows originations experienced their greatest quarterly increase to date.
MBA Expects Purchase Market Originations to Hit $1.34 Trillion in 2020

September 30, 2020

Home values are up 4.5% year-over-year.
Millennials Are a Driving Force in the U.S. Housing Marketing Recovery

September 30, 2020

Millennials now account for more than 50% of all new home loans.
What is the American Dream Down Payment Act?

September 30, 2020

Buying a home could become even easier with a down payment assistance program.
Short Supply will Continue to Drive Higher Prices

September 15, 2020

Demand has been higher than supply for some time, driving home values higher.
CFPB Proposes New QM Category

September 15, 2020

The CFPB is proposing an alteration to what constitutes a qualified mortgage.
Are Appraisals Accurate?

September 15, 2020

The booming market adds an extra element of difficulty to the appraisal process.
Avoiding Delayed Closings

September 9, 2020

Industry experts reveal tips for avoiding closing delays.
Mortgage Snapshot

September 9, 2020

Quick news from the world of mortgage lending.
MBA Asks CFPB to extend QM Parameters

September 9, 2020

In addition to extending the GSE Patch, the MBA also recommends enhancements to QM framework.
Delinquency Rate Could Triple

September 9, 2020

Without additional government forbearance programs, the delinquency rate could skyrocket.
Home Affordability Improves

September 1, 2020

Low interest rates contributed to creating the most affordable average-priced homes since 2016.
Appraisers Struggling to Keep Up

September 1, 2020

Like many others in the housing industry, appraisers are struggling with being too busy.
Commissions Are Up

August 26, 2020

Average commissions were up 59% in the second quarter, year-over-year.
Mortgage Snapshot

August 26, 2020

Quick news from the world of mortgage lending.
Assistant Secretary for Housing – Federal Housing Commissioner Confirmed

August 26, 2020

Dana Wade was confirmed by the U.S. Senate to serve as Commissioner of the Federal Housing Administration.