New data from Truework shows verification friction and income consistency are increasingly determining which loans make it to closing, shifting risk earlier in the pipeline
MBA data shows new-home mortgage applications rose 2.5% year-over-year in December, signaling resilient demand despite a seasonal slowdown and broader housing headwinds
New pre-qual offering will assist lenders in assessing borrowers earlier in the loan process
Refis jump almost 60%; ARM share climbs to highest since 2008
Why integrating existing tech is the key to faster, cheaper closings
Refinances rose to 26% of originations last month, though purchase activity is beginning typical seasonal decline
Purchase and refinance applications jump; refis account for nearly half of all activity
Though overall applications fell, refis edged higher on lower FHA and VA rates
Mortgage applications slip overall as refinances cool, but loan size hits two-month high
Both purchase and refinance activity fall, despite inventory increases in many areas