With its revenue depressed as other banks boom, Wells Fargo plans to reduce staff by thousands
With the non-QM space booming, originators need to educate themselves about the products – or be prepared to lose business to their competitors
Researchers claim that millions more loans would have been made between 2009 and 2013 if lenders had used the same standards as were used in 2001.
This state’s $1 billion foreclosure prevention plan has helped many homeowners stay in their homes, but a shift in tactics may assist first-time homebuyers in getting one.
A newly released report reveals a tale two different coastal housing markets. While one side of the United States is experiencing a high appreciation rate, the other isn’t. What type of housing market are you located in?
Recently, there has been speculation that a grace period may be given to the industry for the implementation of the TILA-RESPA Integrated Disclosure rules. Even though the industry has had nearly two years to make these adjustments, should we still get a grace period?
In light of recent mortgage interest rate decreases, the population of potential refinance candidates currently sits at 7.1 million, according to new Black Knight Financial data, unless rates begin to climb.
Since banks have been reducing their production, specialized non-bank companies have been stepping in and their share of mortgage lending is soaring.