CFPB issues final rules on new QM definition

Reading Time: 3 minutesThe Consumer Financial Protection Bureau (CFPB) has issued a pair of final rules related to the new … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, December 7-December 11
Reading Time: 4 minutes Hoskins The Mortgage Bankers Association (MBA) announced today that Borden Hoskins has joined… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
MBA: Post-Recession homeownership decline widened wealth gap

Reading Time: 3 minutesCould history repeat itself after the COVID-19 crisis?
Homeowners gain over $1 trillion in equity during third quarter

Reading Time: 2 minutesAmerican homeowners collectively saw their equity increase by more than $1 trillion year over year i… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Mortgage credit availability up again in November

Reading Time: 2 minutesAfter falling consistently throughout the summer and early fall, mortgage credit availability increa… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Consumer purchase sentiment dips after three months of increases

Reading Time: 2 minutesWith COVID-19 cases on the upswing again, consumer confidence in the housing market appears to be mo… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
More record loan volumes in Q3 — but also more retention concerns

Reading Time: 2 minutesThe third quarter of 2020 saw quarterly all-time highs in multiple lending categories, though retent… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
November jobs report disappoints with sharp hiring slowdown

Reading Time: 3 minutesAmerican employers added 245,000 new jobs in November, a sharp decrease from October’s downwardly re… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, November 23-December 4
Reading Time: 4 minutes Moran Sierra Pacific Mortgage has added Joseph Moran to its senior management team as chief … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHA bumps up loan limits for 2021

Reading Time: 2 minutesThe Federal Housing Administration (FHA) has announced its new loan limits for 2021, pushing its loa… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in