Easier Mortgages a Bright Spot for Future HomeBuyers

After a long period of not enough houses for sale and tough mortgage qualification standards, buyers could use some good news. That good news is the approval bar to qualify for a mortgage is expected to be lowered going forward

Lenders are easing standards, making it easier to obtain a mortgage

Government-backed mortgage services Fannie Mae says that lenders are easing their standards for consumers to qualify for a mortgage.

Borrowers turn to non-banks for mortgages as traditional lenders shy away

Borrowers are ditching traditional banks in their droves in favor of financial institutions that do not offer savings or checking accounts.

Money Miracles: What to Know Before Getting a Loan

If you would like to buy a car, get a house, or take an unplanned vacation, you might want to consider getting a loan so you will have the funds to reach your goal.

JP Morgan Agrees to Settle Mortgage Discrimination Lawsuit

According to an article in Reuters, JP Morgan Chase & Co has agreed a $55 million settlement for a US Justice Department lawsuit. This lawsuit accused the company of discriminating against minority borrowers, allowing mortgage brokers to charge

Women more reliable than men at paying off the mortgage

Women are more likely to keep up to date with their mortgage repayments than men, according to a new Urban Institute study.

Lenders unlikely to budge on credit standards anytime soon

Anyone who was hoping that the banks might be about to ease their credit standards will have to wait a while longer.

LenderLogix helps mortgage lenders write more loans

LenderLogix is a new kind of customer relationship management system that scours public data sources for mortgage lenders with the goal of identifying potential relationships with real estate agents and listings.

Mortgage lenders are optimistic about growth in 2016

Mortgages lenders have voiced their confidence that the industry is set to boom this year, with a big jump in the number of mortgage purchases expected.

2016 Looks to Be a Bullish Mortgage Market

According to the new Lenders One® Mortgage Barometer, a survey of 200 mortgage lending professionals, nearly two in three mortgage lending professionals (62 percent) expect mortgage purchase production to increase, with an overall average anticipated increase of 11 percent in 2016. Also, 87 percent believe the mortgage purchase market will be somewhat to extremely active. Mortgage lenders’ […]

Sign up Now and get our guide on Video Marketing for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Video Marketing for Real Estate professionals for free