Entries by Lindsay

Will 2019 see a boom in home equity lending?

Certain dynamics shaping the market have led the occasional forecaster to predict a boom in home equity lending. Mortgage rates are rising, they say, prompting more to stay put and tap into their equity instead. So does this mean 2019 will see home equity lending soar? HousingWire asked three economists to weigh in, and here’s […]

CoreLogic finalizes HomeVisit acquisition

“The combination of CoreLogic and HomeVisit is highly synergistic and allows us to continue to grow and expand the HomeVisit product suite on a national scale,” said Frank Martell, CoreLogic president and CEO. “At the same time, the addition of HomeVisit will allow us to further augment our digital data capture capabilities. Source: HousingWire Magazine

Explaining Your Adjustments

More likely, the problem is the fact that, in that statement, there is no support for the adjustments; it is merely a declaration you made them. The post Explaining Your Adjustments first appeared at Working RE Magazine. Source: Working RE Magazine

HUD continues to report increases in homelessness

Like last year, the Department of Housing and Urban Development reported yet another annual increase in homelessness. While this increase is discouraging, HUD pointed out that veteran homelessness and homelessness among families with children is going down. Source: HousingWire Magazine

NYT: Risky mortgages are making a comeback

With the housing market slowing down and interest rates rising, mortgage lenders are feeling the pinch. To boost profits, some have turned to non-QM loans, according to a recent article in The New York Times. These loans do work for some homebuyers, the author says, but he warns that “even qualified borrowers need to be […]

Equifax launches soft credit checks for multifamily industry

Credit reporting agency Equifax announced Monday it will allow landlords to check prospective tenants’ credit without it affecting their credit score. The company created a soft credit check designed for the multifamily industry, saying this will help those who might already have a thin credit file. Source: HousingWire Magazine