New-home mortgage applications keep falling as loan sizes grow
Reading Time: < 1 minuteMortgage applications for new home purchases continue to slow while loan sizes remain on the upswing… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Housing starts rebound, but pace of building still slower than expected
Reading Time: 2 minutesHousing starts saw a slight rebound in May, posting a 3.6% monthly increase to reach a seasonally ad… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
May sees little weakness left in multifamily sector
Reading Time: 2 minutesWith year-over-year rent growth climbing its way back to pre-pandemic levels, there remains little w… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Rent growth rate for single-family rentals more than doubles in April
Reading Time: 2 minutesDetached luxury rentals pushing up rents for highest price tier
Rate lock volume slows again in May
Reading Time: 2 minutesOne month after April saw the lowest overall rate lock volume in almost a year, lock volume dropped … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: UWM stays on offense, Angel Oak announces IPO and more
Reading Time: 2 minutesUnited Wholesale Mortgage has announced that it will match the price of conventional loans up to 35 … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
More lenders expect profit pullback in months ahead
Reading Time: 2 minutesSixty-nine percent of lenders believe profit margins will decrease in the three months ahead, accord… 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, June 7-June 11
Reading Time: 3 minutesAmerifirst Home Mortgage today announced that Matt Jones has joined the company as senior advisor – … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Fannie Mae authorizes use of third-party vendors to verify income
Reading Time: < 1 minuteFannie Mae has updated its Servicing Guide to allow mortgage servicers to use third-party vendors to… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Survey: Staff retention tops list of 2021 lender concerns
Reading Time: 2 minutesNew data from The Mortgage Collaborative (TMC) revealed that personnel retention tops the concerns o… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
