Credit score modernization overseen by Federal Housing Finance Agency Director Bill Pulte has taken time to implement and the next tier of lenders considering it may need more, but there is one step they can immediately take. Processing Content The whole loan market is already beginning to respond as government-sponsored enterprises that buy many mortgages […]
Pulte moves give whole loan sellers reason to act on VS4 Read More »
Mortgage rates, at least in the very short term, could have a neutral-to-positive reaction to the most recent Consumer Price Index report. In the long run, originators might have to plan marketing strategies around an inflationary environment. Processing Content This week’s CPI/PPI results leave a message for consumers about the housing market. “For home buyers,
Rising rates force concessions: reach sideline buyers Read More »
Jumbo lending credit retreated last month, pulling down overall availability of a leading home loan product index, according to the newest report from the Mortgage Bankers Association. Processing Content On the ground, though, some lenders find certain large-balance transactions proceeding as usual, with data suggesting highly regional variations in today’s housing market, while borrowers might
Lenders see robust jumbo market despite tightening credit Read More »