Digital Mortgage Direct Page

Falling interest rates are behind a recent spike in government-backed lending as well as refinances, according to the Mortgage Bankers Association.

The company, Truv, plans to compete with existing players by offering digital employment data in a new way, according to CEO Kirill Klokov.

The government is moving forward with a catalog of pre-approved home designs to reduce the cost and time it takes to build housing. The idea dates back to the 1940s when thousands of soldiers returned from the Second World War and needed a place to live.

Analysts agree that the Long Island-based bank will probably absorb some losses due to its exposure to struggling segments of the commercial real estate market. But they differ on the extent of the likely damage.

While mortgage assumptions are on the rise, so too are complaints leveled against mortgage servicers for how they handle the loans. A common refrain is that the companies are moving too slowly.

Prior to joining The Bond Buyer, Jennifer covered local news for multiple Chicago and suburban community newspapers. More recently, she reported on local government for The Daily Herald. She has also profiled business leaders for the online magazines Vanguard, Blueprint, Vision and Toggle and written for several online news sites.

More borrowers are taking action but lack good information, Fannie Mae finds. Meanwhile, premiums are up yet insurers struggle to profit, a separate KBRA study shows.

Jay Deubler is chief revenue officer of Yooz. He is responsible for spearheading revenue generation across the North American organization.

Decreasing availability of jumbo and non-QM products accounted for most of November's pullback, as other types of loan offerings saw minimal changes, the Mortgage Bankers Association said.