Kelsey's Stories

Housing market slows despite record low interest rates
The housing market continued to slow this week even as interest rates remain below 3%. Mortgage Bankers Association Economist Joel Kan explains why
Apr 28
CFPB officially delays new QM rule well into next year
Bureau pushes back mandatory compliance date despite industry concerns
Apr 28
Nationwide Equities fined $140K for alleged deceptive advertising
The Consumer Financial Protection Bureau says the lender 'misled borrowers into believing they could not lose their homes with a reverse mortgage'
Apr 27
Housing market insanity leaves homeownership rate unchanged
However, the homeownership rate for Black Americans is up year over year in the first quarter of 2021
Apr 27
Home prices surge to new high — but is it sustainable?
Home prices continue to surge, hitting double-digit increases for the third consecutive month, according to the latest Case-Shiller report, released Tuesday
Apr 27
Mortgage forbearances continue slow decline
The latest Mortgage Bankers Association survey shows forbearances dropped for eighth consecutive week
Apr 26
Americans prioritize paying their mortgage during pandemic
For Americans with mortgages, car payments and credit cards, a new TransUnion study shows paying their mortgage was a top priority during the pandemic
Apr 26
Mat Ishbia and his journey to the top of the mortgage profession
United Wholesale Mortgage CEO Mat Ishbia shares what his life was like growing up, and how he became one of the wealthiest mortgage executives in the US
Apr 26