Purchase loans accounted for 71 percent of all closed loans in June, according to data released by Ellie Mae, up one percentage point from May
Purchase loans accounted for 71 percent of all closed loans in June, according to data released by Ellie Mae, up one percentage point from May. This represents the highest percentage of purchase loans recorded by Ellie Mae in the seven years that it has been tracking this data.   Refinances... Keep Reading

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Tappable equity ballooned by more than $380 billion in the first quarter, according to new data from Black Knight Inc.
Two new studies have considered the homebuying process: one debates the right age to pursue a first... Keep Reading
Movement Mortgage has named Tony Taveekanjana as National Sales Director
Movement Mortgage has named Tony Taveekanjana as National Sales Director. Taveekanjana spent nearly... Keep Reading
Zillow has announced that the Consumer Financial Protection Bureau (CFPB) will not bring enforcement actions against it following an investigation of its marketing practices over concerns of violating the Real Estate Settlement Procedures Act (RESPA)
Question: The 2017 amendments (TRID 2.0) to the TILA-RESPA Integrated Disclosure Rule (TRID)... Keep Reading
Verus Mortgage Capital (VMC) has announced increased loan amounts to $5 million for several of its non-QM programs
Verus Mortgage Capital (VMC) has announced increased loan amounts to $5 million for several of its... Keep Reading

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