Private mortgage insurers again losing market share to FHA, VA
FHA premium cuts spur growth, but borrowers with stellar credit can still do better taking out conventional Fannie Mae- or Freddie Mac-eligible mortgages with private mortgage insurance
by Matt Carter Jul 30
More lenders partner with Calque to offer 'The Trade-In Mortgage'
EMM Loans, Searchlight Lending join growing list of mortgage lenders who have partnered with Calque to help homeowners tap their equity and make non-contingent offer to buy before they sell
by Matt Carter Jul 10
Interest rate waiting game: Should buyers purchase now or wait it out?
Is it better to buy now or wait it out in today's housing market? RE/MAX President Amy Lessinger lays out the factors that can help you help buyer clients decide
by Amy Lessinger Jun 29
Calque partners with more lenders to offer 'The Trade-In Mortgage'
This year, Calque has partnered with some big names including C2 Financial and Cornerstone First Mortgage, as well as a number of smaller players like Portland, Oregon-based Theory Mortgage
by Matt Carter May 21
ICE on a signing spree for new 'mortgage tech ecosystem'
In pursuit of a bigger slice of an estimated $14B market after Black Knight acquisition, Intercontinental Exchange signs 37 new Encompass clients and 4 new servicing clients
by Matt Carter Mar 21
5 tips for shepherding clients through mortgage challenges
Buyer demand is still robust, but affordability challenges can make it harder for clients to qualify for financing, Luke Babich writes. Here's how to help
by Luke Babich Feb 26
RE/MAX CEO examines alternative paths to homeownership
RE/MAX CEO Nick Bailey says it's time to change the narrative on homeownership through education and solutions-oriented service
by Nick Bailey Jan 10
Mortgage groups urge FHA to ditch 'life of loan' premium payments
Having slashed premiums on new FHA loans by 35% in March, and with insurance in force growing faster than reserves, HUD officials are showing no signs they'll give in to industry demands
by Matt Carter Nov 21
LoanDepot lets buyers cover FHA down payment with 2nd mortgage
Available everywhere except New York, loanDepot's new 'accessZERO' program provides a down payment of up to 5% in the form of a 10-year fully amortized 2nd mortgage
by Matt Carter Oct 31
Private mortgage insurers have friends in high places
House lawmakers with differing views on Fannie and Freddie ask SEC not to hinder a system that private mortgage insurers have used to transfer nearly $68B in risk since 2015
by Matt Carter May 26
How to beat your buyer's biggest obstacle to purchasing a home
Down payment assistance programs can help more people make their dreams of homeownership come true, including up to 1/3 of all borrowers who fail to qualify without DPA
by Bernice Ross May 3
Fannie and Freddie's fees going up Monday despite lender objections
The Federal Housing Finance Agency says risk-based fee increases are aimed at ensuring the mortgage giants' safety and soundness, not to subsidize fee waivers for buyers of limited means
by Matt Carter Apr 26
Gavel over one hundred dollar bills represents Newrez' settling a complaint
The CFPB alleges mortgage servicers charged excessive late fees, assessed 'fake' private mortgage insurance premiums and made homeowners pay for unnecessary inspections
by Matt Carter Mar 8
Real estate industry welcomes FHA premium cuts, with caveats
Premium cuts are expected to save borrowers $678M a year but don't apply to existing loans or release homeowners who have built up equity from 'life-of-loan' requirements
by Matt Carter Feb 23
Essent scooping up Finance of America's title businesses for $100M
Struggling lender's pivot to reverse mortgages creates an opportunity for big private mortgage insurer to acquire Agents National Title and Boston National Title
by Matt Carter Feb 2