MBA Education Path to Diversity Scholar Profile: Ashley Puckett

Ashley Puckett is Senior Capital Markets Analyst with Vellum Mortgage, an independent mortgage bank in Fairfax, Va. She began in the industry in September 2011 as a Loan Processor. From there she moved into Post Closing for a few years, then in Secondary Marketing, “which I love.”

Jim Leath of Equifax Mortgage Services: The Return of the HELOC Market

Customers now expect more from their HELOC lenders and are requesting a more personalized experience with high-touch digital online channels and mobile app experiences. However, with uncertainty around interest rates and continued inflation, HELOC borrowers are more likely than ever to choose to tap into their equity to remodel or upgrade their existing home rather than purchase a new one.

Quote: Apr. 27, 2023

“Homebuyer affordability remained constrained in March as elevated mortgage rates and low inventory kept prices high, leading many prospective homebuyers to delay decisions to enter the market…While many prospective buyers currently remain on the sidelines, MBA expects mortgage rates to decline slowly as the year progresses, which will help with affordability and may spur sales activity.”
–Edward Seiler, MBA Associate Vice President for Housing Economics, and Executive Director of the MBA Research Institute for Housing America.