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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Millennials took advantage of mortgage rates falling to near three-year lows in August, increasing their refinance share to the highest percentage since December 2015, according to Ellie Mae.
October 2 -
Millennials — now more than ever — dictate the direction the housing market is moving in, and with the deceleration of starter home prices, more should become homeowners soon, according to CoreLogic.
October 1 -
As the affordable housing crisis comes to a head, the Mortgage Bankers Association put up opposition to the "not in my backyard" mindset by getting behind the Yes, In My Backyard bill introduced in the House of Representatives.
September 30 -
Rising demand and plummeting mortgage rates pushed multifamily origination dollar volume above 2017's record to a new peak, according to the Mortgage Bankers Association.
September 27 -
Although they still lag behind the rest of the mortgage industry, brokers are embracing advancements in technology in ways that could help build their business.
September 25 -
By joining forces, Cloudvirga will integrate its digital mortgage software with Exos' cloud technology to enhance customers' desire for self-service during the transaction.
September 24 -
With the mortgage industry inching closer to full digitization, lenders need to strike the right balance of man-versus-machine as borrowers still look to leverage human interaction during the origination process.
September 20 -
The dollar volume of financing to buy fix-and-flip properties increased 31% annually to its highest level since the heights of last decade's real estate boom, according to Attom Data Solutions.
September 19 -
The low mortgage rates of August drove new homebuyers to cannonball into the purchase market compared to the year before, according to the Mortgage Bankers Association.
September 17 -
With the ongoing issue of the affordable housing crisis, the Mortgage Bankers Association got behind the Build More Housing Near Transit Act, a bipartisan bill introduced in the House of Representatives.
September 16 -
The Digital Mortgage Conference is heading back to Las Vegas on Sept. 23-24 to tackle technology across all sectors of the market. From a live demo competition to innovative insights, here's what to expect at this year's event.
September 12 -
A swell of refinance demand amid a low mortgage rate environment pushed lender profit margin outlooks to the highest level since the first quarter of 2015, according to Fannie Mae.
September 11 -
The nationwide mortgage delinquency rate keeps descending lower, with June marking the 18th consecutive month of annual drops, according to CoreLogic.
September 10 -
From the tech hub of San Francisco to upstate New York, here's a look at the top 15 housing markets providing the safest harbors in the case of an economic downturn, according to Redfin.
September 9 -
Barely more than a tenth of homebuyers found themselves in a bidding war in August, as consumers shied away with a possible recession looming on the horizon, according to Redfin.
September 5 -
While millennials took advantage of mortgage rates falling to two-year lows, increasing their refinance share, teaching them about low down payment loan products would help grow homeownership for this group, according to Ellie Mae.
September 4 -
Strong home purchase activity — especially by millennials — pushed up annual price appreciation in July after a disappointing June, according to CoreLogic.
September 3 -
Damage from Hurricane Dorian's storm surge has the potential to affect 668,052 homes, according to CoreLogic's latest analysis. Reports estimate a worst-case total of $144.6 billion in reconstruction cost value.
August 30 -
About 80% of Opportunity Zones had median home prices below the national mark of $266,000 in the second quarter, with 47% of them below $150,000, according to Attom Data Solutions.
August 29 -
Mortgage debt climbed to a new peak of $9.4 trillion in the second quarter and the distribution across the U.S. varies greatly.
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