Right now, the reverse industry is tapping just 2% of the eligible market. But the reverse industry is set to expand, according to Kimberly Smith, senior vice president of wholesale lending for American Advisors Group
Freddie Mac says that the economy is normalizing slowly but surely, and a strengthening labor market should drive a housing recovery
There are tighter times ahead, according to one industry pro. And one of the biggest problems the industry faces is the inability to court younger buyers.
Carrington was recently able to promote its strategy of serving underserved borrowers -- those with FICO scores below 640 -- in a segment on the television show 'Designing Spaces'
The CFPB has fined Atlanta-based Amerisave $19.8 million for allegedly luring customers in with misleading rates
The head of a banking industry group says that mortgage brokers are part of a 'shadow banking industry' that isn't well-regulated. He also claims that it's 'bad news' when borrowers go to 'these types of financial providers.' What do you th ...
The commissioner of the FHA is leaving to take a professorship in what MBA head David Stevens is calling 'a great loss for the industry'
Delinquencies were down for the fifth straight quarter, reaching their lowest level in nearly seven years
The announcement Friday that FICO would revamp the way it calculates credit scores was hailed by industry pros as good news for home ownership. But could the change actually be setting consumers up to fail?
Inaccurate title information has contributed to wrongful foreclosures and caused stumbling blocks in the transition of assets to the secondary market