Wade In Wisely
The apartment sector can be a good option for first-time investors
Cross Into the Land of Opportunity
Short-term loans are in demand as the investment climate gets warmer
2022 Top Mortgage Lenders
New contenders and broken records signify banner year
Residential Spotlight: Southwest Region
Transformation of these desert states is no mirage.
Set to Surge
Expect a home equity lending boom as interest rates rise while home prices grow
Tim Potempa, OneTrust Home Loans
No. 2 Top Purchase Volume, No. 8 Top Dollar Volume
Refi decline sets the tone for origination business
In fourth-quarter 2021, 3.27 million mortgages secured by residential property (one- to four-unit homes) were originated in the U.S., an 11% decline from the previous quarter and a 13% decrease compared to fourth-quarter 2020. This marked the third straight quarter of declining originations, while the year-over-year decrease was the largest since late 2018, according to […]
New rental-payment history initiatives show promising results
If someone can pay their rent month after month, why can’t they make a mortgage payment? For years, most renters didn’t get credit for timely rental payments. Last year, however, two of the government-sponsored enterprises (GSEs) did something about it. Fannie Mae launched a program in September 2021 to identify recurring rent payments in a […]
Buyers of distressed homes are bullish despite troubling signs
As dark clouds gather on the horizon of the housing market, foreclosure-auction buyers remain bullish. Sixty-one percent of foreclosed properties on the Auction.com platform in first-quarter 2022 were sold to third-party buyers, up from 56% in the previous quarter and up from 59% in first-quarter 2021. The 61% sales rate was the second-highest quarterly sales […]
Boost Borrower Scores and Your Business
Homebuyers and originators alike benefit from rental-payment reporting