Most Recent Mortgage News

Wealthfront Home Lending: A Robo-Advisor Gets Into Mortgage Lending

Wealthfront Home Lending: A Robo-Advisor Gets Into Mortgage Lending

While some banks and lenders exit the mortgage arena, Wealthfront is entering via its new venture “Wealthfront Home Lending.” The...

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NAMB’s White urges industry unity to solve housing affordability crisis

NAMB’s White urges industry unity to solve housing affordability crisis

“You know the energy of the young people, I think the energy from that made me very happy,” he said....

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Rocket adds debt service coverage ratio investor mortgages

Rocket adds debt service coverage ratio investor mortgages

Rocket Mortgage has come out with a debt service coverage ratio product in both its wholesale and retail channels, joining...

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Mortgage Brain signs up new buy-to-let lender Rely – Mortgage Strategy

Mortgage Brain signs up new buy-to-let lender Rely – Mortgage Strategy

Mortgage Brain has signed up new buy-to-let lender Rely to its Sourcing Brain and Criteria Brain modules. Rely was launched...

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Finally a Big Week for Mortgage Rates Thanks to Delayed Jobs Report

Finally a Big Week for Mortgage Rates Thanks to Delayed Jobs Report

I feel like I haven’t written a word about mortgage rates since the government shutdown began. Part of that is...

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Executive: ‘Florida condo crisis’ is Fannie Mae’s fault, but a fix could be coming soon

Executive: ‘Florida condo crisis’ is Fannie Mae’s fault, but a fix could be coming soon

“Number one, it is going to increase the amount of money available for maintenance and keeping condos in the right...

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FHA borrowers face growing payment challenges

FHA borrowers face growing payment challenges

Mortgage delinquencies increased by 6 basis points from the second quarter, as the performance of Federal Housing Administration-insurance loans declined,...

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10 Nov to 14 Nov – Mortgage Strategy

10 Nov to 14 Nov – Mortgage Strategy

This week’s top headlines: FCA chief flags up ‘structural challenges’ to homeownership and OSB Group launches specialist BTL lender Rely...

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No, Fannie Mae and Freddie Mac Haven’t Abandoned Credit Scores

No, Fannie Mae and Freddie Mac Haven’t Abandoned Credit Scores

Social media has been abuzz lately with news that Fannie Mae no longer requires a minimum credit score. Traditionally, both...

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Can a 50-year mortgage work? Brokers offer creative solutions despite backlash

Can a 50-year mortgage work? Brokers offer creative solutions despite backlash

Gret Uttal, president of Cyberlink Software Solutions, has been in the mortgage industry for more than 40 years. He said...

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