Ray Bartreau on the state of the mortgage industry
The last few years have seen a lot of change in the mortgage industry. And now, continued home-price gains, regulatory uncertainty and a new administration mean even more change on the way. MPA recently chatted with Raymond Bartreau of Best Rate Referrals about the current state of the industry.
Busting the myths around VA loans
Many originators shy away from VA loans, thinking they'll be too complicated. Coming off of a record-breaking year for VA loans, the product can be more viable now than ever. MPA sits down with Carrington's Ray Brousseau to get his take
CFPB oversight bill passes House
House Financial Services Oversight & Investigations Subcommittee Chairman Sean Duffy’s bill passed with an overwhelmingly bipartisan vote of 401 to 2 this week. The bill would bring greater transparency and accountability to the Consumer Financial Protection Bureau.
RealtyTrac: Zombie foreclosures are a consistent problem
The share of zombie homes has increased, despite the decline in total foreclosures, according to the latest data from RealtyTrac.
NAMB: CFPB's rate checker tool problems
The CFPB released its rate checker tool in an attempt to better prepare consumers for buying a home. While their intentions may have been good, the result was not, according to NAMB.
Buyer confidence keeps pending home sales growing
Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, something Lawrence Yun, chief economist at the National Association of Realtors, says is due to buyers' confidence in the economy.
Obama talks housing, lower FHA rates
In his recent speech on housing in Arizona, the President addressed new housing initiatives, including lowering FHA rates, winding down Fannie and Freddie and continuing to crack down on shoddy lending practices.
AAG head Reza Jahangiri on the advantages of reverse mortgages
MPA talks with Reza Jahangiri, CEO of American Advisors Group, about the advantages of reverse mortgages
FDIC break downs ability-to-repay and qualified mortgage rule
The FDIC has released a set of instructional videos that address ability-to-repay and qualified mortgage rule compliance.