Most Recent Mortgage News

How honest rate advice from brokers motivates buyers in an ‘illiquid market’

How honest rate advice from brokers motivates buyers in an ‘illiquid market’

“We’ve accepted that a certain percentage of loans, no matter how hard we work, will cancel,” Germanides said. “For example,...

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FHA is also adopting the UAD 3.6 appraisal format

FHA is also adopting the UAD 3.6 appraisal format

The Federal Housing Administration, which receives the largest share of mortgage applications among the government guarantors, is adopting the UAD...

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Deutsche Bank   – Mortgage Strategy

Deutsche Bank   – Mortgage Strategy

Homeowners looking to remortgage three-year-old deals this year will see their monthly payments double in new agreements, says Deutsche Bank....

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Chase Brings Back Their Home Equity Line of Credit. Is It a Good Deal?

Chase Brings Back Their Home Equity Line of Credit. Is It a Good Deal?

About five years ago, Chase Bank got rid of its home equity line of credit (HELOC) due to market conditions....

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NAMB urges broker vigilance as CFPB review of LO Comp rule continues

NAMB urges broker vigilance as CFPB review of LO Comp rule continues

“Of particular concern is that even if the CFPB rescinds its LO Comp rule, the underlying statutory provisions from the...

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Maryland community bank bucks trend, pins hopes on mortgages

Maryland community bank bucks trend, pins hopes on mortgages

When Mark Hanna told his banker friends that the Maryland-based community bank he leads was planning to buy a mortgage...

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Bradford retains crown as UK’s top homes hotspot: OnTheMarket   – Mortgage Strategy

Bradford retains crown as UK’s top homes hotspot: OnTheMarket   – Mortgage Strategy

Bradford retained pole position as the UK’s leading housing hotspot in the three months to July, according to the latest...

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Don’t Circle September 17th on Your Calendar as Mortgage Rate Drop Day

Don’t Circle September 17th on Your Calendar as Mortgage Rate Drop Day

I’m seeing more people buy into the idea, or perhaps myth, that mortgage rates will drop when the Fed makes...

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Mortgage fraud allegations against Fed governor: Political war of words ramps up

Mortgage fraud allegations against Fed governor: Political war of words ramps up

“There’s no funny business here,” he said on CNBC. “This is straightforward stuff, and if you commit mortgage fraud, especially...

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Housing starts rise to five-month high, led by multifamily

Housing starts rise to five-month high, led by multifamily

Housing starts in the US climbed in July to five-month high, led by the strongest pace of multifamily construction in...

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