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Real Estate Market Showing Hopeful Signs for Lenders

Real Estate Market Showing Hopeful Signs for Lenders

Industry has reason for optimism with previously owned homes rising by 1.3% in July
CFPB Proposes Ban of Medical Bills on Credit Reports

CFPB Proposes Ban of Medical Bills on Credit Reports

CFPB estimates the proposed rule will result in 22,000 additional mortgage approvals
Projections for Lower Interest Rates Will Impact Banking Decisions in 2024

Projections for Lower Interest Rates Will Impact Banking Decisions in 2024

Analysts believe that inflation may fall even quicker than expected
Mortgage Rate Decline Brings Hope to Lending Market

Mortgage Rate Decline Brings Hope to Lending Market

Bank mortgage applications rose by 3% last week for new mortgages
10-year Treasury yield Major Concern for Regional Banks

10-year Treasury yield Major Concern for Regional Banks

The ten-year treasury yield has reached 4.8% to levels not seen in 15 years
Wells Fargo Signals Mortgage Industry Concerns

Wells Fargo Signals Mortgage Industry Concerns

Wells Fargo dropped to about 18,000 loans in progress, a dramatic change from one year ago
5 Examples of Cutting-edge Tools to Reinvent Your Mortgage Tech Stack

5 Examples of Cutting-edge Tools to Reinvent Your Mortgage Tech Stack

Not only does technology provide a better customer experience, but it is proven to create a more efficient and less risky lending process from beginning to end
What the Post-Pandemic Banking Landscape Will Look Like

What the Post-Pandemic Banking Landscape Will Look Like

The PPP and related changes to operations could reshape some areas of the banking sector, says PwC
Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Nearly 5m Now in Forbearance Due to Pandemic, Says Survey

Less than a quarter of homeowners in forbearance have managed to make payments for May, according to fintech firm Black Knight
Loan Applications Spike After Fed Rate Cut

Loan Applications Spike After Fed Rate Cut

More central bank action expected after Bank of England also cuts interest rate to offset COVID-19 effect on economy
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