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Lenders increased their origination of home equity lines of credit, or HELOCs, by 21% in the 12 months ending in June.
October 9 -
Mortgage rates fell to the lowest level in a month after the International Monetary Fund's cut to its global-growth outlook drove investors to the safety of the U.S. government bonds that guide borrowing costs.
October 9 -
Real Estate Settlement Procedures Act-Truth in Lending Act reform effective next summer requires significant operational changes, but if lenders prepare now, it shouldnt be as scary as a zombie apocalypse.
October 9 -
Some actors become known for a single role and they cannot escape the public's perception linking them to that part. That can happen to originators too.
October 8 -
The Mortgage Bankers Association continues to push back against regulations stemming from the financial crisis, as the industry's biggest lobbying group continues pushing for regulatory relief to bolster the housing market and boost profits for its members.
October 8 -
Taking action to prevent another tragedy such as the murder of a real estate agent in Arkansas.
October 8 -
Mortgage application volume increased last week behind a surge in refinance and purchase activity.
October 8 -
Mortech has introduced a platform that enables mortgage lenders to create a customized website for their personal brand and business.
October 7 -
The California Housing Finance Agency is offering an additional $6,500 in down payment assistance to first-time homebuyers who qualify for its CalPLUS Conventional program.
October 7 -
The institutionalization of peer lending is pulling banks into more competitive bidding for loans as originators expand into newer and untested asset classes, such as online real estate loans.
October 7






