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More than 1.5 million residential mortgages were originated during the second quarter, according to new statistics from ATTOM Data Solutions
One-Third of Americans Find Mortgage Process Stressful
Nearly one-third of Americans have no familiarity with mortgage lending options, and the same number find the mortgage process too stbased digital mortgage company ressful, according to a survey released by the San Francisco-based digital... Read more
When it comes to competition for available housing inventory, Denver leads the nation, according to a new study from LendingTree
The Market With the Most Competitive Homebuyers Is …
When it comes to competition for available housing inventory, Denver leads the nation, according to a new study from LendingTree.   The study analyzed the 50 largest metropolitan areas based on the share of buyers shopping for a mortgage... Read more
Mortgage applications were up for the second week in a row, according to new data from the Mortgage Bankers Association (MBA) covering the week ending Jan. 11
Mortgage Applications Rise Again
Mortgage applications were up for the second week in a row, according to new data from the Mortgage Bankers Association (MBA) covering the week ending Jan. 11.   The Market Composite Index rose by 13.5 percent on a seasonally adjusted... Read more
The most prominent freshman member of the 116th Congress has landed a seat on the House Financial Services Committee
Ocasio-Cortez Named to Financial Services Committee
The most prominent freshman member of the 116th Congress has landed a seat on the House Financial Services Committee.   Rep. Alexandria Ocasio-Cortez (D-NY) announced on Twitter that she received appointment to the Committee.   “Financial... Read more
Millennials
New Study Details Millennial Homebuyers
Who are today’s Millennial homebuyers and what are they looking for? A new survey of 1,000 Millennials conducted by Clever Real Estate finds a demographic that is eager—if not always ready—to pursue homeownership.   According to the new... Read more
Consumer credit defaults on first mortgages were up during December, according to the latest data report from the S&P/Experian Consumer Credit Default Indices
First Mortgage Default Rate Ticks Upward
Consumer credit defaults on first mortgages were up during December, according to the latest data report from the S&P/Experian Consumer Credit Default Indices.   The first mortgage default rate rose three basis points from 0.64 percent... Read more
Millennial homebuyers are taking out larger FHA-backed mortgage, according to new data released by Ellie Mae
Millennials Seeking Larger FHA Loans
Millennial homebuyers are taking out larger FHA-backed mortgage, according to new data released by Ellie Mae.   During November, 26 percent of all closed mortgages to Millennials were FHA loans, with an average loan size of $186,454—a... Read more
Single-family rent prices nationwide increased 2.9 percent year-over-year in November, according to new data from CoreLogic
Single-Family Rent Prices Up 2.9 Percent
Single-family rent prices nationwide increased 2.9 percent year-over-year in November, according to new data from CoreLogic. This was slightly above the 2.8 percent annualized increase recorded in November 2017.   Among the rental tiers,... Read more
The U.S. Supreme Court has refused to hear a case that challenges the constitutionality of the Consumer Financial Protection Bureau (CFPB)
Supreme Court Refuses Case on CFPB Constitutionality
The U.S. Supreme Court has refused to hear a case that challenges the constitutionality of the Consumer Financial Protection Bureau (CFPB).   According to a report in The Hill, the case was brought by the State National Bank of Big Spring... Read more
VaynerX Chairman Gary Vaynerchuk, along with his digital agency VaynerMedia, have announced additional speakers and programming to their lineup for the second annual Agent2021
New Programming Added to Agent2021 Conference
VaynerX Chairman Gary Vaynerchuk, along with his digital agency VaynerMedia, have announced additional speakers and programming to their lineup for the second annual Agent2021, a one-day conference educating real estate, auto, insurance... Read more