Diverse leaders, local insights reveal path to untapped markets

When data doesn’t tell the whole story about untapped market opportunities, mortgage executives must draw on their personal experiences and local expertise to craft unique strategies to reach new borrowers. http://www.nationalmortgagenews.com/news/diverse-leaders-local-insights-reveal-path-to-untapped-markets Listing by City | Vacaville Real Estate | Fairfield… Read more

Fannie, Freddie loan pilots empower lenders to reshape industry

Sometimes reaching underserved borrowers takes experimenting with changes to the mortgage finance system. That’s why Fannie Mae and Freddie Mac are working with lenders to test innovative loan products that meet borrowers’ evolving needs. http://www.nationalmortgagenews.com/news/fannie-freddie-loan-pilots-empower-lenders-to-reshape-industry Listing by City | Vacaville… Read more

Calls intensify to separate reverse mortgages from FHA fund

The Federal Housing Administration’s recent actuarial report has added more fuel to the fire over concerns about reverse mortgages, including their effect on the overall FHA insurance fund and a rise in foreclosures. http://www.nationalmortgagenews.com/news/calls-intensify-to-separate-reverse-mortgages-from-fha-fund Listing by City | Vacaville Real… Read more

Debt-to-income levels could be under stress, default indices show

Consumer default rates are up month-to-month, which may reflect a gap between spending and income that is stressing second mortgages and bank cards, Standard & Poor’s and Experian find. http://www.nationalmortgagenews.com/news/debt-to-income-levels-could-be-under-stress-default-indices-show Listing by City | Vacaville Real Estate | Fairfield Real… Read more