ICE Mortgage Technology, Pleasanton, Calif., said the number of purchase loans closed by millennials in May jumped to 67%; for younger millennials, the percentage was even higher (82%).
Tag: ICE Mortgage Technology
Industry Briefs June 15, 2021
The Federal Housing Finance Agency issued a Request for Input on executive compensation at its regulated entities: Fannie Mae and Freddie Mac and the Federal Home Loan Banks.
ICE: Time to Close Falls 4th Straight Month
ICE Mortgage Technology, Pleasanton, Calif., issued its Origination Insight Report for April, showing average time to close on all loans fell for the fourth consecutive month to 51 days.
Survey Shows ‘Momentous’ Surge in Technology Adoption
The coronavirus pandemic has permanently changed the way consumers use technology and those looking to buy or refinance a home are seeking lenders who offer online tools to complete their mortgage loans from home, according to ICE Mortgage Technology, Pleasanton, Calif.
Industry Briefs May 13, 2021
DiversityInc announced its annual list of the Top 50 Companies for Diversity, which serves as a benchmark of how the largest employers in U.S. are doing when it comes to hiring.
April Mortgage Credit Availability Up 2.2%
Mortgage credit availability increased in April, the Mortgage Bankers Association reported this morning.
ICE: Millennial Purchase Activity Increases Despite Rising Rates
ICE Mortgage Technology, Pleasanton, Calif., said purchase activity among millennials increased in March, even as interest rates rose for the first time in six months.
Industry Briefs May 3, 2021
The Consumer Financial Protection Bureau took action against Nationwide Equities Corp. for sending deceptive loan advertisements to hundreds of thousands of older borrowers.
ICE: 1Q Sees Significant Reduction in Time to Close
ICE Mortgage Technology, Pleasanton, Calif., said time to close all loans decreased over the first quarter, from 58 days in January to 52 days in March.
Millennials Get Comfortable with Mortgage Process
Reports from ICE Mortgage Technology and Zillow illustrate not only how comfortable they have become with the mortgage process—particularly online—but also in what kind of mortgages they obtain.