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The High Cost of Failing to Refinance
CoreLogic recently awarded its Academic Research Council Excellence Award to a study conducted by professors from three universities who looked at reasons why so many homeowners fail to refinance their homes even when it is financially advantageous to
Wells Fargo's Plan for Slow Mortgage Market: Increase Pay!
Wells Fargo has apparently decided that a carrot is better than massive layoffs when the mortgage business starts to slide. Bloomberg is reporting that the bank, the nation's largest mortgage lender, quietly revised its commission structure for loan originators
New Home Purchase Applications Up Slightly in July
Applications for the purchase of newly constructed single-family homes rose 2 percent in July. The Mortgage Bankers Association (MBA) based this estimate on responses to its Builder Application Survey (BAS) which polls representatives of mortgage subsidiaries
Latest Articles
By John Gittelsohn August 24, 2020, 4:00 AM PDT Some of the largest real estate investors are walking away from Read More...
Late-Stage Delinquencies are SurgingAug 21 2020, 11:59AM Like the report from Black Knight earlier today, the second quarter National Delinquency Survey from the Read More...
Published by the Federal Reserve Bank of San FranciscoIt was recently published by the Federal Reserve Bank of San Francisco, which is about as official as you can Read More...