The “Des Moines and Raleigh lead Realtor.com’s metro rankings as housing supply and borrower purchasing power increasingly divide local markets
The housing markets offering loan originators the strongest potential purchase conditions are not necessarily those with the lowest home prices. They are the markets where local incomes, home prices, and new construction are moving in something close to balance.Des Moines, I...
Wholesale lender says alternative scores are producing lower rates or reduced LLPAs for some borrowers
United Wholesale Mortgage says approximately one-quarter of borrowers across its current pipeline are receiving a more favorable credit result when evaluated with VantageScore 4.0 instead of the Classic FICO model.According to UWM, a more advantageous result generally means ...
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