Capital One to Stop Offering Mortgages
It’s feeling a little like 2007 today. Back then, I was writing posts like this on a daily basis. Capital One has announced that it… Read More »Capital One to Stop Offering Mortgages
Mortgage News
The latest real estate and mortgage industry news, digested. Look beyond the headlines to better understand what’s really happening.
I’ve been covering the mortgage industry since 2006, at a time when scores of banks and lenders were closing their doors after some very big boom years.
In fact, you can see my ongoing list of mortgage layoffs and closures if you’re curious just how many companies didn’t survive that period.
Fortunately, the climate has improved considerably since then, despite a big uptick in mortgage rates lately.
This too has led to companies merging or folding entirely, though this time around due to a lack of volume as opposed to an increase in loan defaults.
I strive to write compelling mortgage news stories, whether it’s the top lenders for a given year, a novel mortgage product, new loan limits, or a big policy change.
You can see all my latest mortgage news posts below.
OfferPad Home Loans: iBuyer Links Up with loanDepot to Provide Bridge Financing
A so-called direct home buyer by the name of OfferPad that agrees to purchase homes in as little as 24 hours has announced a new… Read More »OfferPad Home Loans: iBuyer Links Up with loanDepot to Provide Bridge Financing
The Five Most Common Uses of Home Equity Lines of Credit
In case you hadn’t heard, home equity lines of credit are expected to get a lot more popular in coming years as homeowners take advantage… Read More »The Five Most Common Uses of Home Equity Lines of Credit
10 Takeaways from the Annual Realtor Survey
The National Association of Realtors just released its 2017 Profile of Home Buyers and Sellers, and there are lots of interesting tidbits. Let’s explore 10… Read More »10 Takeaways from the Annual Realtor Survey
New Bill Aims to End FHA Mortgage Insurance Premiums for Life Policy
Back in 2013, FHA home loans became a lot less attractive because most newly originated mortgages required mortgage insurance to be paid for the entire… Read More »New Bill Aims to End FHA Mortgage Insurance Premiums for Life Policy
Imagine Getting a Mortgage with Just a Couple Clicks
Wouldn’t it be nice if your mortgage lender could gather your income, asset, and employment information from a single digital document, similar to a credit… Read More »Imagine Getting a Mortgage with Just a Couple Clicks
While Mortgages Go Digital, People Still Matter, a Lot
The latest buzz in the mortgage world is e-mortgages, or digital mortgages, or paperless mortgages. Or mortgages that don’t require human interaction, or the painstaking… Read More »While Mortgages Go Digital, People Still Matter, a Lot
Freddie Mac Revises Student Loan Guidelines
It’s one of the more common dilemmas these days – you graduated college and you’re ready to start a family (or at least buy a… Read More »Freddie Mac Revises Student Loan Guidelines
Millennials Are Buying Homes to Give Their Dogs Room to Roam
Curious what’s driving Millennial homeownership? Is it marriage or the prospect of a little one crawling around? Nope. Aside from more living space and building… Read More »Millennials Are Buying Homes to Give Their Dogs Room to Roam
Synovus Mortgage Offering 100% Financing via Affordable Mortgage Program
You’ve probably heard of HAMP, otherwise known as the Home Affordable Modification Program, which was very popular post-housing crisis. But what about AMP? Probably not.… Read More »Synovus Mortgage Offering 100% Financing via Affordable Mortgage Program