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Jacob Passy

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Higher interest rates will add stress for millennials looking to buy a home, according to an analysis from Fitch Ratings.
To meet a 20% down payment, homebuyers on average have to spend more than two-thirds of the average annual income, according to a report from Zillow.
As president of the secondary marketing agency, Tozer has helped the mortgage market to continue functioning and keep up with changes following the financial crisis. The incoming Trump administration has not yet picked a successor.
Mortgage applications for new home purchases rose 2% year over year in December, the Mortgage Bankers Association reported.
Fannie Mae and Freddie Mac have hiked the standard modification benchmark interest rate.
Housing is not in a bubble even though home prices are unlikely to decline in the next two years, according to a new report from Arch MI.
Black Knight Financial Services has integrated its Lien Alert portfolio monitoring tool with its LoanSphere MSP servicing system.
Homeowners in predominantly black and Hispanic neighborhoods are more likely than their counterparts in predominantly white neighborhoods to be underwater on their mortgages, according to a report from Zillow.
Refinance volume rose among millennial borrowers in November, reflecting a nationwide trend, according to Ellie Mae.
American Mortgage Consultants has acquired a business unit that handles due diligence and quality control for residential mortgages from Stewart Lender Services.
The national foreclosure inventory fell by 30% year over year in November, according to CoreLogic.
Ellie Mae has rolled out an extension to its Encompass Lending Platform to allow loan officers to originate loans in a mobile environment.
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