Fed Reports Uptick in HELOC Lending

Home Equity Lending News, Dec. 9, 2024While overall consumer loan demand has been flat, economic data reported by the nation’s central bank indicate that there was an uptick in home-equity …

Distressed Borrowers Up 14% This Thanksgiving

National Mortgage Professional, Dec. 4, 2024-Erica DrzewieckiBankruptcies continued to increase on an annual basis this November, reflecting ongoing affordability constraints not limited to skyrocketing homeowners insurance and higher mortgage rates.Click …

Dec. 17: Ten Things Your Company Must Do in 2025

This webinar is part of MBA Education’s Garrett, McAuley & Co. Mortgage Banking Management Webinar Series.Most of us didn’t expect 2024 to be worse than 2023, but the second half …

Home Equity CLTVs Improve, Credit Scores and DTIs Worse

Home Equity Lending News, December 1, 2024Credit scores on home-equity products have declined by four points from a year ago, though a quarter-over-quarter improvement was observed.Click here for more

Frozen Home-Improvement Spending Could Take Time to Thaw

The Wall Street Journal, Nov. 26, 2024-Jinjoo LeeAmericans’ $35 trillion home-equity stash is a potential treasure trove for home-improvement retailers, if only stubbornly high borrowing costs would come down.Click here for …