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
With so many buyers coming off the sidelines in the past 18 months, it’s no wonder there are still shortages of inventory in many Cities in the U.S. Not too mention, hedge funds like Blackstone buying 1,500 homes in one shot like they did in Atlanta recently. Such activity can really limit inventory and drive up prices.
The Consumer Financial Protection Bureau’s recent decision not to amend loan origination compensation calculation for brokers gives them “one less reason to be a broker,” an industry executive has said
The lender-placed insurance (LPI) market has been under fire over allegations of conflicts of interest and inappropriate business practices among some major mortgage lenders, servicers and insurance providers
A major U.S. mortgage insurer has filed for chapter 11 bankruptcy
A national lender has expanded its footprint with the acquisition of an online platform
The rise of technology has put more control than ever in the hands of consumers. But how much of the mortgage application process do consumers really want to control?