Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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Despite the benefits of going to a fully or hybrid digital mortgage process, some lenders still hesitate to adopt it as fast as expected.
May 22 -
The Federal Housing Administration and Ginnie Mae will use their lagging digital mortgage positions to their advantage as they put an emphasis on building their technology.
May 21 -
The distressed mortgage market continues to dry up, with delinquencies shriveling to a record low rate and foreclosure filings dropping annually for 10 consecutive months.
May 21 -
The market for non-qualified mortgages has been robust thus far in 2019, offering a pragmatic option for otherwise viable borrowers, as long as lenders stay vigilant about pushing the envelope too far.
May 17 -
Mortgage rates descended through the onset of spring's home buying season, pushing up the share of refinance loans and volume of new-home purchase applications, according to Ellie Mae and the MBA.
May 16 -
The gap in home price perception between appraisers and property owners widened in April, reaching its greatest spike in four years, according to Quicken Loans. At the same time, home values continued climbing.
May 15 -
Strong levels of employment and continued economic expansion drove February's mortgage delinquencies and foreclosures to 20-year lows, according to CoreLogic.
May 14 -
The Government Accountability Office called on Ginnie Mae to undertake four reforms to its operations, citing concerns regarding the ongoing shift in size and capitalization of mortgage-backed securities issuers.
May 10 -
As home price appreciation levels off, the amount of underwater loans rose in the first quarter while equity-rich properties continued adding value, according to Attom Data Solutions.
May 9 -
Lenders can help both the consumer save money and their own volumes by offering the most competitive rates or reducing their fees. Here's a look at the 12 housing markets borrowers save the most over the life of their loan by shopping around for a mortgage, according to LendingTree.
May 8