It’s been a busy week here, with the Mortgage Bankers Association’s Annual Convention & Expo wrapping up. Here is a summary of some key housing market reports that took place over the past week. A major theme: tremendous housing market resiliency amid continued economic turmoil.
Tag: Ellie Mae
Industry Briefs Oct. 15, 2020
FormFree, Athens, Ga., has been granted Patent Number 10,769,723 for its proprietary ‘Systems and Methods for Electronic Account Certification and Enhanced Credit Reporting’ by the United States Patent and Trademark Office.
Ellie Mae: Low Interest Rates Spur Millennials to Action
Millennials continue to take advantage of record-low interest rates, according to Ellie Mae, Pleasanton, Calif.
Housing Report Roundup
Welcome to the Friday Housing Report Roundup. Click on the link to see what’s happening.
A Conversation with SimpleNexus President Cathleen Schreiner Gates
On Tuesday, SimpleNexus, Lehi, Utah, named Cathleen Schreiner Gates as its new President, responsible for all operations and business strategy. MBA NewsLink had the opportunity to talk with her about her new role and the state of the mortgage industry.
Millennial Update: They’re Buying Houses and Going into Debt to Fix Them Up
Reports by Ellie Mae and Bankrate.com show Millennials are pulling out their wallets not only to purchase homes, but to fix them up as well.
Mortgage Credit Availability Increased in July
Mortgage credit availability increased in July according to the Mortgage Credit Availability Index, a Mortgage Bankers Association report that analyzes data from Ellie Mae’s AllRegs® Market Clarity® business information tool.
Housing Finance Roundup: Purchase Market Strength; Millennial Buying Power; COVID-19 Effect on Homeownership Plans; Bidding Wars Intensify; Home Price Growth Persists
Here is the latest Housing Finance Roundup, with summaries of reports from Ellie Mae; First American Financial Corp.; Bankrate.com; Zillow; and Redfin.
Mortgage Credit Availability Falls Again, Remains at 6-Year Low
Mortgage credit availability fell in June for the fourth consecutive month, remaining at a six-year low, the Mortgage Bankers Association reported this morning.
Millennial Homeownership ‘Delayed, Not Denied’
Despite the economic effects of the coronavirus pandemic, millennials appear poised to fuel a “Roaring ’20s” of homeownership demand, said First American Financial Corp., Santa Ana, Calif.