Increasing Black Homeownership Rates with Alternative Forms of Credit
BLOG VIEW: Homeownership continues to be one of the primary wealth builders in our country. Yet, strong barriers to homeownership for minority consumers and marginalized…
Author: Patrick Barnard
Cash-Out Refinance Activity Surged in August
Overall rate locks were up 1.3% in August compared with July, driven by a 7.6% increase in cash-out refinance activity, according to Black Knight’s Originations…
Flagstar Helping TPO Partners Capitalize on a Shifting Mortgage Market
A year ago at this time, most, if not all, third-party originators (TPOs) had significantly reduced their offerings due to the COVID-19 crisis. Even larger…
LoanLogics Launches LoanLogics IDEA for MSR Transfer
LoanLogics, which offers loan quality technology for mortgage manufacturing and loan acquisition, has released LoanLogics IDEA for MSR Transfer, a new solution that automates document…
Fitch: Low Mortgage Rates Won’t Meaningfully Boost Home Sales
Unlike previous housing cycles, lower mortgage rates are not expected to meaningfully boost home sales, nor will they significantly boost new home construction, Fitch Ratings…
Foreclosure Starts Increased in July But Were Down Year-Over-Year
Foreclosure starts increased 6% in July compared with June but were down 14% compared with July 2018, according to the latest U.S. foreclosure report from…
Brian Augenstein: Ease of Software Development Will Drive Technological Change in Mortgage
PERSON OF THE WEEK: In the mortgage industry, there has been a strong focus on how technology is improving the origination process, with many new…
LoanScorecard Powering Angel Oak’s New QuickQual Tool for Non-QM Loans
LoanScorecard is powering Angel Oak’s new QuickQual loan tool, which aims to significantly enhance the ease and speed at which loan officers (LOs) can determine…