Non-Banks Better Positioned for Rising HELOC Volume

Home Equity Lending News, February 20, 2024–Angela RoseAlthough a jarring jump in interest rates left home-equity line-of-credit lending lower last year, the second half of this year is expected to …

Bank Mortgage Unit Adds to Use of the FICO 10-T Score

National Mortgage News, February 13, 2024–Bonnie SinnockPrimis Bank announced Tuesday that it has become the third home lender to publicly use an advanced credit score in conjunction with non-qualified mortgages.Click …

The Uninsurable World: What Climate Change is Costing Homeowners

Financial Times, Feb. 12, 2024–Ian Smith, Attracta Mooney, Aime WilliamsRising premiums are a de facto ‘carbon price’ on consumers as extreme weather events become more frequentClick here for more (subscription)

Lack of Second Lien Guidance Disrupts VA Assumptions

Home Equity Lending News, February 16, 2024The assumption process on first mortgages guaranteed by the Department of Veterans Affairs is broken, and one of the reasons is the lack of …