Maintaining a competitive edge requires lenders to be proactive in using data-driven insights to make faster and more informed decisions, Wendy Hannah-Olson from Equifax writes.
Category: News and Trends
Redfin: Almost One-Quarter of Young Buyers Used Gift or Inheritance in Down Payment
Redfin, Seattle, released a new study finding that 23.8% of Gen Z or millennials who recently bought a home used some form of family money to help fund their down payment.
Quote of the Day
“eVaults using the standards, including the validation rules, ensure seamless interoperability for lenders that trade eNotes.”
–MISMO Acting President Rick Hill
Dealmaker: Eastern Union Arranges $18.5M for Refinance of New Hampshire Mixed-Use Property
Eastern Union, New York, arranged an $18.5 million loan to refinance construction of a multifamily, mixed-use development in Manchester, N.H.
Industry Briefs, July 18, 2025
Industry news from Westcor Land Title Insurance Co., X1 Analytics, Mortgage Connect, Truv, Blue Sage, Down Payment Resource, FirstHome IQ, Arcasa, Informative Research, Halcyon, FICS and Wescom Resources.
Why More Mortgage Brokers Are Moving to Direct Lenders
Choice Mortgage Group’s Brian Mozley looks at why some mortgage brokers might want to consider a move to direct lending platforms.
NIC: More Older Americans Move Into Senior Housing
The National Investment Center for Seniors Housing & Care, Annapolis, Md., found the senior housing occupancy rate increased from 87.3% in Q1 to 88.1% in Q2.
Hotel Construction Falls for Sixth Consecutive Month: CoStar
The number of hotel rooms under construction decreased year over year for a sixth consecutive month, according to CoStar, Arlington, Va.
Lock-In Effect Continues: More Americans Reluctant to Sell Their Homes This Year
A majority of U.S. homeowners–54%–say there is no mortgage rate at which they would be comfortable with selling their home this year, according to a new survey from Bankrate, New York.
Quote of the Day
“Applications to purchase new homes fell in June, consistent with typical seasonal patterns, but remained ahead of last year’s pace.”
–Joel Kan, MBA’s Vice President and Deputy Chief Economist