Most Recent Mortgage News

Housing affordability crisis: Answers young borrowers want from mortgage brokers

Housing affordability crisis: Answers young borrowers want from mortgage brokers

Bruce Gehrke (pictured top), senior director of wealth and lending intelligence at JD Power, said borrowers don’t believe the process...

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Banks, FBI assessing hack of real estate finance tech vendor

Banks, FBI assessing hack of real estate finance tech vendor

The hack of a technology vendor for real estate financiers left major American banks and mortgage lenders working Sunday to...

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Lender mortgage cuts continue to drag down average rates: Moneyfacts – Mortgage Strategy

Lender mortgage cuts continue to drag down average rates: Moneyfacts – Mortgage Strategy

Continued mortgage lender rate cuts have dragged down rates for another week, according to financial experts Moneyfacts. The firm said...

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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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