The share of mortgages with low credit scores delivered to Fannie Mae and Freddie Mac declined during the first quarter. Loans from the lowest-risk category accounted for 64.35% of the GSE business. (Includes two data charts.)
Read More
Private mortgage insurers gained market share in the agency purchase market during the first quarter, even as securitization of insured mortgages declined. (Includes two data charts.)
Read More
Although the COVID-19 national emergency was terminated earlier this week, the trend of remote work among mortgage loan officers continues to grow.
Read More
While there is potential in the alternative data space to promote fair housing outcomes, the new methods come with their own concurrent risks, according to industry experts.
Read More
Feedback from mystery shoppers posing as would-be borrowers could help mortgage lenders meaningfully improve customer experience, according to Stratmor Group.
Read More
The data analytics firm said its web-based appraisal tool Validate will help streamline the valuation process by removing obstacles caused by traditional in-person appraisals.
Read More