Loan buybacks are harming the mortgage landscape
Buybacks have been a hot-button topic this year. These transactions, which can happen for up to three years after a loan has closed, involve the institution that bought the mortgage walking back their purchase due to discrepancies or fraud found in the loan. The originating lender must then place the loan back on their balance […]
The mystery of this year’s disappearing distress
A year ago, Auction.com’s 2023 outlook for the distressed housing market called for 112,000 to 175,000 completed foreclosure auctions for the year, with a possibility of up to 278,000 based on a potential recession, job losses and home price declines. Instead, the year is on track to finish with fewer than 100,000 completed foreclosures. The […]
‘Hey, Peeps’ Isn’t the Best Conversation Starter
AI certainly has marketing uses, but a clear-eyed approach is warranted
Remove the Roadblocks for Verifying Income
Too many lenders utilize outdated approaches to obtaining basic mortgage information
Viewpoint: Path of Progress
There’s still work to be done to create greater financial gender equality
Build a One-Stop Shop
Add value for your clients by expanding your referral partnerships
Banking Upheaval Creates New Opportunities
Even the trickiest situations can be solved with an array of nonqualified mortgages
Your Voice Can Help Balance the Scales
Black consumers are ready for homeownership but need expertise
Many Borrowers Need This Extra Oomph
Housing counselors can assist clients in purchasing a home and avoiding foreclosure
Commercial Spotlight: Atlantic Region
The residents of these states are enjoying an economic rebound.