Scotsman Guide News

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• Lenders move into no-downpayment territory
  

  Jun 22, 2017  14:35 ET
  Are zero-downpayment loan programs making a comeback? A national lender recently got a lot of attention for rolling out a so-called zero down program. >>

• • 1. Existing-home sales rise in May
       

       U.S. home sales bounced back in May even as home prices reached a new high on tight inventories. Existing-home sales were running at an annual pace of 5.62 million in the month, the third highest level of t... >>

    2. Loan-closing times contract
       

       The ultra-tight housing market has created fierce competition among buyers for available listings. It also has put pressure on lenders to close loans faster. >>

  • 1. Hotel-room construction surges in top markets
       

       Hotel-room construction remains hot this year in the major cities across the country. The question is whether it is now too hot to keep the strong run of good times alive in the industry. >>

    2. Addressing appraiser shortage isn't a simple fix
       

       A lot of ink has been devoted to news stories over the last few years about the declining number of residential appraisers and the dearth of young people going into the profession. Industry experts told Scotsman Guide Ne... >>

• 1. More Headlines

     Home prices rise solidly
     U.S. home prices were rising at an annual pace of 6.8 percent in April, the Federal Housing Finance Agency (F... >>

     
     

     Commercial loan volumes cool down
     The demand for commercial and multifamily loans has slowed down, the Mortgage Bankers Association (MBA) said ... >>

     
     

     Mortgage rates stay flat
     The 30-year fixed mortgage rate ticked down marginally in the week, Freddie Mac reported. Through... >>

     
     

     Lenders move into no-downpayment territory
     Are zero-downpayment loan programs making a comeback? A national lender recently got a lot of attention for ro... >>

     View all headlines >>

  2. Q&A

     Appraiser shortage needs big-picture solution
     

     Susan Allen, senior vice president in CoreLogic’s Valuation Solutions Group, spoke with Scotsman Guide News about the future of the appraisal industry and why she believe... >>

     CHOICE Act will have a 'catalytic impact'
     

     The U.S. House of Representatives last week passed the Republican-backed Financial CHOICE Act along party lines, a bill that will unwind much of the Obama-era regulations... >>

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  Questions? Contact Chief Reporter Victor Whitman as (425) 984-6017 or victorw@scotsmanguide.com
  
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