Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
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
Many technologies offer free services to draw people into purchasing their premium services. Is there a way for our industry to do the same?
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 think?
Stock markets were down this morning, and job openings increased to 4.67 million in May. This and more in today's rate snapshot