Lender tips for attracting young homeowners
July 27, 2015

Lender Tips for Attracting Younger Homeowners

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There is no doubt that the millennial generation has a lot of interest in buying a home or potential purchase power, but this has not yet translated to tangible results in terms of mortgage loan application approval. Despite the fact that many millennials report wanting to own a home, they still have not made a splash in terms of making those purchases. The lack of this attention has led to public officials and government agencies, as well as lenders themselves, looking into possible avenues to

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TRID implementation on hold
July 20, 2015

With TRID Implementation on Hold, Lenders Get Some Respite

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Those in the lending industry heaved a sigh of relief when the Consumer Financial Protection Bureau announced that TRID implementation would be put off by a couple of months. Lenders, who had been trying to digest what the changes would look like in their organizations, were preparing for change in August. With the quick ramp up, many lenders were already ready to meet the guidelines. The new rules were put into place to consolidate previous disclosure requirements.  Mortgage applications su

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National association of realtors report
July 17, 2015

What the National Association of Realtor’s Report Tells Us?

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The most recent report from the National Association of Realtors has important data worth considering. According to their research, home sales across the country increased by 5.1 percent, indicating the highest level of sales since the end of 2009. Other news sources celebrated this report, stating that economic activity and the housing market were signs of overall improvement. It doesn’t appear that all the news is good, however, as all data should be reviewed carefully in context. The big

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