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Mortgage lending credit standards loosened a bit last month as investors displayed more interest in non-qualified mortgage and nonagency jumbo loans to stay competitive, according to the Mortgage Bankers Association.
May 9 -
Having poor credit doesn't necessarily keep someone looking to become a mortgage broker from obtaining a surety bond, but it can complicate matters.
May 1
JW Surety Bonds -
Mortgage rates continued to decline through the spring home buying season, driving up the share of refinance loans and overall closing rates, according to Ellie Mae.
April 17 -
With interest rates down, purchase mortgages accounted for the vast majority of millennial homebuyers' loans in February, according to Ellie Mae.
April 3 -
Rep. Gregory Meeks of New York signaled which legislative provisions Democratic leaders would accept in a bipartisan housing finance package.
April 2 -
Home equity is at an all-time high, but consumers aren't taking advantage of this financing option, according to LendingTree.
March 19 -
The Federal Housing Administration is returning to manual reviews of higher-risk loans it insures because it's finding that a growing share have lower credit scores, higher debt-to-income ratios, or both.
March 18 -
Millennials make up the largest cohort of homebuyers, but a quarter of them don't even know their credit score, which could be a call for mortgage lenders to help them prepare to enter the housing market.
March 13 -
Millennial homebuyers took advantage of a winter lull in interest rates, using the opportunity to refinance their loans, according to Ellie Mae.
March 6 -
Ahead of testimony by the CEOs of the major bureaus, House Financial Services Committee leaders proposed sweeping changes for the credit reporting industry and credit-score protections for furloughed government workers.
February 25








