Rising rates and increased competition are shrinking profit margins. Still, lenders are more optimistic about the economy than they’ve been in years
The CFPB is proposing a regulatory amendment that would give lenders more leeway in collecting certain demographic information about borrowers
Recent data out implies there is still a very strong demand for U.S. treasuries even with the end of the Fed’s QE3.
The regulatory chains on the mortgage industry do not appear to be loosening anytime soon, but it's not all bad.
FICO has been the gold standard for FHA mortgages, but supporters of a different system claim it can better predict a borrower’s creditworthiness by looking at nontraditional sources.
Recent reductions in mortgage interest rates have expanded the population of borrowers who could benefit from refinancing, and now is the time for borrowers to lock in low rates.
What's going on in the mortgage industry today? With all the changing rules and regulations, it's hard to keep up with how housing fundamentals are doing. Take a look at five trends that showed the biggest impact during the last four months.
More than 40 California organizations are calling on the regulator to provide more transparency to the HMDA and to address measurements needed for home loans and mortgage modifications.