The Consumer Financial Protection Bureau (CFPB) announced in late October that it has launched a new tool for tracking mortgage delinquencies nationwide. The…
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One in Four Mortgaged Properties in U.S. Are Now Rich in Home Equity
One in four U.S. properties that have a mortgage are now considered to be rich in home equity or “equity rich,” according to…
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What Is a Digital Mortgage?
What is a digital mortgage? That question was answered by industry professionals last week at the National Mortgage News Digital Mortgage Conference in…
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Mortgage Lenders Report They’re Easing Mortgage Credit Standards
More lenders say they have eased mortgage credit standards, instead of tightening them, according to Fannie Mae's third quarter 2017 Mortgage Lender Sentiment…
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New Homes Priced Too High for First-Time Homebuyers
While builders are starting to increase their volume of new homes, a recent article in Consumer Affairs stated that new homes are still…
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6 Real Estate Agent Safety Tips
In the past 2 years, there has been an increase in attacks on real estate agents in the United States. That means now…
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Freddie Mac to End Purchases of Super Low Down Payment Mortgages
Freddie Mac has announced that it will no longer purchase very low down payment mortgages requiring only a 1% down payment from the…
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D.C. Home Prices Hit Record High
D.C. home prices reached a record high in May, when the median sales price of homes in the city reached $599,000, according to…
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More People Expected to Qualify for Mortgages as Credit Bureaus Clean Up Credit Reports
Beginning this month, the three major credit bureaus—Equifax, Experian, and TransUnion will start removing tax liens and judgments from credit reports, making it…
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