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Conservative Appraisals Increasingly Mentioned in 2015; Did Something Change?

by devteam March 21st, 2015

A few weeks ago there were a flurry of comments on MBS Live from members expressing concern about a sudden increase in appraisals reflecting market values well below what had been expected. In some cases the low appraisals had merely required the restructuring

Lenders Managed Quick Closings despite Refi Surge

by devteam March 20th, 2015

February was the second month in a row that refinancing made up more than half of all mortgage originations. Ellie Mae's latest Origination Insight Report said that the refinancing share of originations jumped 8 percent from the January level to comprise

Lenders see Increased Demand, Higher Profits in 2015

by devteam March 20th, 2015

In its quarterly survey of lenders' sentiment Fannie Mae found increasing optimism about the mortgage business. The survey conducted in the first quarter of 2015 revealed that, compared with the fourth quarter of 2014, lenders expect both mortgage demand

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