Tag Archives: mortgage

Homebuyer education, counseling no panacea for mortgage default

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Women and adults under 30 did see improvements to their credit scores in pioneering a randomized study of 5,854 prospective first-time homebuyers. Continue reading →

Banks reclaim more properties in August as foreclosures tick upward

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Foreclosure notices have been on the rise in the past year, but actual bank repossessions remain scarce. That may be starting to change. Continue reading →

More MSU athletes to plug UWM on social media

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The Michigan-based lender’s “name, image and likeness” deal with men’s football and basketball teams has expanded to encompass women’s basketball and volleyball. Continue reading →

Mortgage demand flattens as rates make another run toward 6%

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There’s no sign of a rebound in purchase applications, but August data showing a strong job market “should support housing demand,” an MBA economist says. Continue reading →

Big lenders get a head start, adopt $715,000 conforming loan limit

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Moves by Rocket and United Wholesale Mortgage could help borrowers get better rates and make smaller down payments when taking out loans that were previously classified as jumbo. Continue reading →

United Wholesale Mortgage is gunning for retail rivals’ customers

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United Wholesale Mortgage, the nation’s biggest wholesale mortgage lender, is slashing rates and urging retail loan officers to defect to independent mortgage brokerages. Continue reading →

What’s the biggest marketing mistake agents make? Pulse

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This week, we want to know: What’s the biggest marketing mistake agents make? Is it failure to launch, failure to follow-up or something else? Continue reading →

US home equity has reached new heights. What happens next?

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Gains in household real estate equity have far outpaced growth in U.S. mortgage debt, according to new numbers from the Federal Reserve board. Continue reading →

Mortgage company Homepoint laying off ‘hundreds’ of workers

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The Michigan-based and third-largest wholesale mortgage lender aims to cut costs by more than $100 million a year in response to an “extremely challenging” lending environment. Continue reading →