Zillow, Seattle, said younger buyers are more likely to make serious financial tradeoffs to buy a home, such as skipping healthcare services or cutting back on insurance.
Category: News and Trends
eClosing Best Practices, Part I: Going for the Quick ‘e’ Wins to Drive Internal Adoption
No one is disputing the operational benefits or the cost savings lenders can achieve with digital closings. What seems to be still up for debate is how feasible it is for lenders to go digital today, with discussion focused on the “all or nothing” proposition.
September New Home Sales Dip, But Pace Strengthens
HUD and the Census Bureau yesterday reported sales of new single‐family houses in September fell slightly from August but improved strongly from a year ago.
People in the News
Promontory MortgagePath, Denver, named Louann Bernstone and Debora Aydelotte managing directors with responsibility for Vendor Management and Client Strategy, respectively.
A Conversation with Nima Ghamsari of Blend
Nima Ghamsari is CEO and co-founder of Blend, a Silicon Valley technology company empowering lenders to originate efficient, data-driven mortgages while improving the borrower experience.
GSEs Publish Updated Redesigned URLA, Supporting Documents
Fannie Mae and Freddie Mac yesterday published static components of their updated redesigned Uniform Residential Loan Application.
A Conversation with Nima Ghamsari of Blend
Nima Ghamsari is CEO and co-founder of Blend, a Silicon Valley technology company empowering lenders to originate efficient, data-driven mortgages while improving the borrower experience.
Fiserv: Digital Loan Applications Rise with Mobile Device Use
Fiserv, Brookfield, Wis., said its latest Expectations & Experiences consumer trends survey reported nearly two thirds of people who applied for loans in the past two years now do so either partially or fully online, a marked increase from 2018.
Survey: Buyers, Sellers Say Rising Home Prices Have ‘Made Their Lives Worse,’ Want Policy Changes
Home buyers and sellers are nearly twice as likely to support policies designed to keep homes affordable as they are to support policies designed to strengthen home values, according to a new report from Redfin, Seattle.
Black Knight: Delinquencies Down 11% From Year Ago Despite Seasonal Uptick
Black Knight, Jacksonville, Fla., said the national delinquency rate edged up seasonally in September to 3.53%, but fell by 11.2% from a year ago, marking the largest year-over-year decline in eight months.