In the first of a new run of industry icon profiles in MPA, Ryan Smith takes a look at the extraordinary career of Glenn Stearns, founder of Stearns Lending
The FHFA is going to begin relaxing credit and down payment constraints, and loan applications were up 3.6% last week. All this and more in today's rate snapshot
Applications for new home purchases rose in April, according to new data
The National Association of Realtors is pushing the FHA to pull back on rising insurance premiums, which the NAR claims are holding back borrowers
Yellen testifies before Congress and mortgage applications are up 5.3% from a week earlier. Despite an improving purchase market, however, volume is still running well below last year's pace. This and more in today's rate snapshot
Carrington Mortgage Service’s announcement in March that it would increase its focus on borrowers in the sub-640 FICO range was a boon to underserved home buyers. But the decision also makes sound business sense, according to Carrington exec Raymond Brousseau