Black Knight Financial Services, Inc. (BKFS) released new data showing that mortgage loan originations have decreased by 34 percent in the first quarter. The slow activity was led by refinance lending, with a 45 percent decline on a quarter-over-quarter comparison.Executive Vice President of Read more
Can you be Considered a First Time Home Buyer?
When you think of a first time home buyer, you probably think of someone who never purchased a home before. This is the literal definition of the term. There are other people who may fall into the category and not realize it. Each mortgage program has their own guidelines regarding who they consider Read more
Experian Launches Mortgage’s Digitized Verification
Not much has changed when we speak of the mortgage industry’s underwriting and loan approval process. Sad to say, it has not gone past its “stone age” era.In tune with today’s advancements in information technology, Experian with its partner, Finicity, aims to take the mortgage process into a Read more
The New Players Who Are Changing How We Do Lending
The trillion-dollar mortgage industry is largely fenced by the banks. But recent trends in mortgage lending is threatening to chip away bit by bit of this gargantuan of a financial empire by making the lending process more appealing to the borrower market.Today, new players are starting to Read more
Where to Get a Mortgage
When you think about getting a mortgage, the first thing that comes to mind is the bank. Of course, banks offer a diverse array of home loan programs, and they are experienced where real estate lending is concerned. But are banks really your only choice when finding financing to buy a home?Many Read more
