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
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'
With an ever-stricter regulatory environment and the economy improving at a sluggish pace, the mortgage business isn’t getting any easier. One kind of product, however, seems to be gaining steam: the home improvement loan
Global stock markets were weaker this morning on increased tensions in Ukraine, and the June trade deficit was at -$41.5 billion, better than economists' expectations of -$45.1 billion. All this and more in today's rate snapshot
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New home sales are expected to be down, and bif banks like JPMorgan Chase and Bank of America continue to back away from FHA loans. This and more in today's rate snapshot