Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1

Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit. Continue reading

Unify now drumming up business for mortgage lenders

Customer relationship management tools are no longer just about managing existing clients — they’re also becoming integral to generating and qualifying new leads. Continue reading

Sprout Mortgage gives brokers more control of loan estimate

Sprout Mortgage, which bills itself as a leading provider of nonconforming loans, says it’s giving mortgage brokers more control over how lender fees are presented to consumers in the loan estimate. Continue reading

Rising rates take toll on mortgage demand

Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Continue reading

Share of homeowners who can’t pay their mortgage hits new low

The share of mortgages in forbearance dropped below 5% in March for the first time since the beginning of the pandemic, as homeowners resuming their payments continued to outnumber new requests for relief for the fourth week in a row. Continue reading

Mortgage lenders target buyers with ‘Real Estate Report Cards’

Top of Mind Networks and MBS Highway are teaming up to integrate their offerings, allowing lenders to generate and distribute Real Estate Report Cards using Surefire CRM. Continue reading