Industry News

Tax Credit Introduced in House

May 18, 2021

A bill that would provide a tax credit for first time homebuyers has been introduced in the house.
Housing Shortage Continues

May 11, 2021

The shortage of entry-level homes makes it difficult for first-time buyers to enter the market.
Purchase Originations to Grow

May 11, 2021

Despite supply issues, 2021 is projected to be a record year for originations.
Housing Conditions Remain Favorable

May 4, 2021

According to Freddie Mac's Economic and Housing Research Group, the housing market will remain strong through 2022.
FHFA Announces New Refi Product

May 4, 2021

The new FHFA refi product targets low-income borrowers with single-family mortgages.
MBA Urges No Delay in CFPB QM Rule

April 26, 2021

The MBA has urged the CFPB not to delay its Qualified Mortgage Rule.
Homes Selling Faster Than Ever

April 26, 2021

The housing market is hot, and homes are selling quickly.
Home Improvement Spending Increases

April 20, 2021

While many professional remodeling projects came to a halt in 2020, DIY renovations surged.
CFBP Rescinds Some Temporary Policies

April 20, 2021

As pandemic recovery strengthens, the CFPB is rolling back some of its temporary policies.
Independent Banks and Chartered Subsidiaries See Strong Profits

April 13, 2021

Driven by strong demand and high average loan balances, volume for independent mortgage companies reached new heights.
MBA Requests Conservatorship Meetings

April 13, 2021

MBA members voiced concerns over limits on GSE operations that could cause disruptions to housing finance.
Americans Don’t Understand Credit Scores

April 6, 2021

Studies show that many don’t fully understand factors that could impact their credit scores.
Pre-Listing Home Inspection

April 6, 2021

In order to speed up the process, sellers could consider scheduling an inspection before listing.
Multi-Generational Houses More Common

April 6, 2021

More and more Americans are opting for multi-generational living.
The Stimulus Package and Inequality

March 30, 2021

The stimulus package will boost economy, but not address inequality.
Record-Breaking Originations Predicted

March 30, 2021

Demand for homes will be bolstered by an improving job market, favorable demographic trends, and low mortgage rates.
Recovery is Coming

March 23, 2021

Rising rates are a sign that economic recovery is imminent.
Mortgage Snapshot

March 23, 2021

Quick news from the world of mortgage lending.
Lending Activity Increases

March 23, 2021

Lending activity in the 4th quarter reached its highest point in 14 years.
America is on the Move

March 16, 2021

With more of the population working from home, people are realizing that they are no longer tied to a specific location.