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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Surging loan production expenses and low revenue killed profits in 2018 for loans originated by independent mortgage bankers and subsidiaries of chartered banks, according to the Mortgage Bankers Association.
April 17 -
While improving market conditions set up for an anticipated boom in spring home buying, March had the smallest month-to-month sales growth since 2014, according to Remax.
April 16 -
As the dangers of global warming lead to heightened natural disasters, those disasters result, at least temporarily, in a higher amount of mortgage defaults. From Texas to the nation's capital, these are the 12 most hazard-prone housing markets, according to Redfin.
April 15 -
From the middle of the country to the Pacific Northwest, here's a look at cities where consumers wield the most purchasing power for the upcoming home buying season, based on changes in housing values compared to local wages and mortgage rates.
April 12 -
The number of properties with foreclosure filings dropped to the lowest quarterly amount since the Great Recession, according to Attom Data Solutions.
April 11 -
Home prices dipped from February — while annual growth remained suppressed — due to affordability and inventory issues, according to Quicken Loans.
April 9 -
With a strong job market and low interest rates, the mortgage delinquency rate fell to its lowest January level in at least 20 years.
April 9 -
Sluggish growth in originations spurs consolidation. Keep in mind, there's more to M&A than just agreeing on a price.
April 8 -
Artificial intelligence, automation, electronic closings; the 2019 Top Producers identified the biggest technology initiatives bending the way mortgages get done.
April 4 -
Mortgage lending standards loosened in March, as a swell in jumbo credit helped drive an expansion in availability for the third straight month, according to the Mortgage Bankers Association.
April 4
