Early indications of waning homebuyer demand start to surface, Redfin reports
Reading Time: 2 minutesDemand for homes usually starts to heat up at the onset of spring, but according to Redfin, the oppo… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Homepoint launches builder financing program, Cornerstone adds in-house servicing and more
Reading Time: 2 minutesMortgage Connect LP announced the formal closing of its purchase of Adfintech, a provider of outsour… 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, April 11-15
Reading Time: 3 minutesNations Lending announced that 29-year industry veteran Jon Whittington will oversee the company’s e… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Weekly mortgage rates average 5% for first time in more than a decade
Reading Time: 3 minutesU.S. mortgage rates averaged 5% this week for the first time in more than 10 years, according to Fre… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Record number of home seekers looking beyond their current metros
Reading Time: 2 minutesMore home seekers than ever looked to move to a new metro area during the first quarter of this year… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHA temporarily shuts down loan review system
Reading Time: < 1 minuteThe Federal Housing Administration (FHA) announced that it has temporarily shut down its Loan Review… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Are renter preferences shifting from urban centers into rural areas?
Reading Time: 2 minutesWith the COVID-19 pandemic altering the real estate landscape in so many ways, members of Generation… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Coalition calls for CFPB to end mortgage servicer convenience fees
Reading Time: 3 minutesSpearheaded by the attorney general of Illinois, a coalition of attorneys general from 22 states hav… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
IMB profits drop, but 2021 was strong
Reading Time: 2 minutesIndependent mortgage banks (IMBs) and mortgage subsidiaries of chartered banks had a strong year in … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Even as rates rise, March loan lock activity grows
Reading Time: 2 minutesMarch saw mortgage rate locks grow by 19% month over month, as it appears that homebuyers aren’t qui… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
