Mortgage

November 13, 2018

Lenders See Higher Cost of Fraud in 2018

The cost of fraud has increased in 2018 as the rise of digital lending brings unique fraud prevention challenges, according to the “True Cost of Fraud” […]
November 12, 2018

Veteran homelessness drops nearly 50% since 2010

After increasing last year, veteran homelessness decreased in 2018 and has plummeted since 2010; in some states, veteran homelessness has even been completely eradicated. Veteran homelessness […]
November 8, 2018

Credit Scores Can Take a Year to Recover After House Purchase

LendingTree, an online loan marketplace, released its study on how buying a house affects credit scores. The analysis looked at more than 5,000 consumers who took […]
November 7, 2018

Home Equity Lending is Poised to Soar

Home equity levels continue to rise, and all signs point to a market ripe for home equity lending, according to a recent report from consumer credit […]
November 6, 2018

Multifamily/ Commercial Mortgage Lending Hits New High

High property values and low mortgage rates pushed commercial and multifamily originations beyond their projected totals in 2017 to a new market peak, according to the […]
November 5, 2018

Mortgage Delinquencies See Largest Monthly Spike in 10 Years

Mortgage delinquencies surged in September, bringing the largest single-month delinquency spike in a decade, according to the latest First Look data report from Black Knight.  Mortgage […]
November 2, 2018

New FICO Model Could Boost Millions of Credit Scores

Experian, FICO and Finicity announced a new credit scoring model that could expand credit access for millions of Americans.  The new model, UltraFICO, would look at […]
November 1, 2018

Weakening Credit Conditions Put Mortgage Lending at Risk

Credit ratings agency, Moody’s Investors Service, just released a report citing deterioration in overall loan quality in the mortgage lending market.  The analysts there think the […]
October 30, 2018

What do Bankers Fear This Halloween Season?

By most accounts, the banking industry is in great shape. The economy is humming, last year’s tax break provided a boost to profits, and President Trump’s […]