Cash-out loans have been growing over the past few years and it is also true that we have a recent history of excessive equity extraction factoring in a bust in housing. But there are several critical reasons why the recent uptick in cash-out refinancing is nothing like the cash-out boom of the early to mid-2000s.
Spring 2020 was ravaged by a pandemic. The housing industry made the best of it – figured out remote work, adopted technology and charged forward with a resilient mindset. This perseverance was rewarded with a robust Summer, Fall and Winter purchase AND refi market. But what does this seasonal anomaly mean for Spring and Summer 2021?
Top lenders have figured out the secret to working in this new environment despite high volumes. They know it takes more than patchwork solutions and one-size-fits-all tools. Thriving lenders find the balance between workflow automation and risk management with this secret.
The CFPB announced on Thursday it is rescinding a 2020 policy statement that clarified "abusive" practices as it is "inconsistent" with Dodd-Frank standards.
Reimagine the borrower's journey with Insellerate's Innovative Customer Experience Platform which delivers lead management, sales enablement, engagement, a robust content library and data intelligence, all in one comprehensive platform to help you close more loans. Request Demo.
Appropriately dubbed a "shecession," the economic downturn resulting from the pandemic has been particularly brutal to women. This has amplified the need for mentorship.
The need for process automation is great, not just to provide more satisfying mortgage experiences but also to significantly increase productivity, reduce operational costs and minimize the impact of human error. Read More.
In this episode, HousingWire Digital Media Manager Alcynna Lloyd interviews Lydia Pope, the president-elect and speaker Pro-Tem for the National Association of Real Estate Brokers.
Become an unstoppable force in the mortgage industry! Registration is ending soon, so don't wait. Momentum Builder 2021, from Monday, March 22 - Friday, March 26. Register today!
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