A new survey from TD Bank revealed that a large percentage of recent home buyers needed mortgage insurance to get the deal done. The bank… Read More »Almost Half of Recent Home Purchases Required Mortgage Insurance
After a few really good years, mortgage refinancing has slipped back to levels not seen since 2008, according to the first quarter refinance report released… Read More »Mortgage Refinance Volume Hits Lowest Level Since 2008
You’d think that risk would be pretty low at a time when mortgage guidelines are tight and housing is finally recovering. But you’d be wrong,… Read More »Mortgage Risk Index Hits New All-Time High
Ditech Home Loans Back in Business A big mortgage player in the 1990s That closed down in 2010 Has returned to the mortgage game in… Read More »Ditech Mortgage Is Back: Party Like It’s 1995
You’d think mortgage applications would be humming given the recent sizable declines in mortgage rates. After all, rates haven’t been this low since last November.… Read More »Refinance Applications Remain 65% Below Last Year’s Pace Despite Lowest Rates of 2014
A home is many things, including shelter, a room to lay one’s head, and a place to grow up and grow old, all while creating… Read More »Wells Fargo Is Offering $250,000 to Three Lucky People Who Best Define What a Home Is
Though HARP is often referred to as “Obama’s refinance program,” perhaps Vice President Joe Biden’s name should be in there as well. Why? Because the… Read More »Joe Biden Is a Refinancing Machine
Despite being nominated about a year ago, it wasn’t until this week that Mel Watt finally gave his first speech as the new chief of… Read More »No HARP 3, But Mortgage Lending Should Get Looser Under Mel Watt
Rules are inherently restrictive, but if there’s one thing the mortgage industry does well, it’s circumvention. For example, taking what appears to be a pretty… Read More »It Turns Out the Qualified Mortgage Rule Is Pretty Flexible
The FHA finally released details about its much anticipated HAWK for New Homebuyers pilot program, which offers savings on mortgage insurance premiums to borrowers who… Read More »FHA’s HAWK for New Homebuyers Pilot Program Will Save Homeowners Over $300 Annually
