refinance

February 5, 2019

Mortgage Defect Risk Rises to 4-Year Peak

In December, defect risk continued to rise across the country, according to the latest First American Loan Application Defect Index. According to the report, the frequency […]
January 4, 2019

HELOC Volume Down 11% from 2017

After soaring to a near 10-year high, HELOC originations took an unexpected tumble in the third quarter, falling 14% from the previous quarter and 11% from […]
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 […]
October 3, 2018

Refi Mortgages Rise for First Time in 2018

After taking an absolute beating this year, the refinance market just got its first ray of sunshine in 2018. According to Ellie Mae’s Origination Insight Report, […]
June 15, 2018

First-Time Buyers Account for 46% of Mortgages

Young Americans are hitting more and more homeownership roadblocks: crippling student debt, escalating home prices, surging mortgage rates and a scarcity of listings.  So why have […]
May 1, 2018

Mortgage Critical Defect Rate Decreases

An increase in the share of refinances drove the first decline in mortgage critical defects in 2017 during the third quarter, according to the Mortgage QC […]
April 19, 2018

Credit Risk at Highest Level since 2013

Lenders are slowly easing their credit standards as credit risk hit its highest level since 2013, according to the latest Housing Credit Availability Index (HCAI) from […]
April 12, 2018

Tappable Equity Hits All-Time High of $5.4 Trillion

According to a new Black Knight study, homeowners with an existing mortgage and at least 20% home equity held an additional $5.4 trillion in home equity […]
April 5, 2018

ARMs Have Lower Fraud Risk

Adjustable-rate mortgages (ARM) are likely to offset the increase in application defects in purchase mortgages as rising rates pull consumers away from refinancing, according to the […]