Date

October 2015

Lenders Not Pleased With New FHFA Membership Rule

Mortgage Lender Oct 30, 2015

There’s a new rule from the Federal Housing Finance Agency, and it makes membership requirements in the Federal Home Loan Bank system new. Lenders are not happy about this change, which is why, a coalition along with the Mortgage Bankers Association met with members from the House Financial Services Committee to discuss their concerns. For those who do not support…

An Overview of the Lending Landscape after TRID Implementation

TRID Oct 27, 2015

Now that TRID implementation should be well underway in your lending office, what does that look like? What challenges have you faced? Prior to implementation, realtors felt ready for the changes. In fact, a survey conducted by the National Association of Realtors revealed that more than 80 percent of realtors had received training on this before the implementation date. One…

Why Lenders Think FHA’s got the Edge in the Market

Mortgage Oct 16, 2015

The Federal Housing Administration has lowered insurance premiums, and combined with increased refinancing opportunities and better access to loan purchases, lenders believe the FHA has an advantage in the marketplace. This is because the agency is geared to help reach out to first-time home purchasers and other individuals with low credit scores. This could not only boost the real estate…