refi-boom-over
Mortgage Industry Trends

Could It Be The End Of The Refi Boom?

According to all the so-called experts and conventional wisdom, interest rates are on the rise because Donald Trump’s was elected to be the next President of the United States. We’re already seeing a sharp decline in refinancing activity and a drop in home sales. This is all because rates jumped up about 20 basis points in the last week. OMG,…

Continue Reading

trump-housing-market
Uncategorized

The Trump Speculation Continues

Now that all the so called experts realize that they called the Presidential election all wrong they are backtracking trying to explain why. The Clinton supporters are all pointing blame at whoever they can think of that may have done something wrong to cause their loss. The Trump supporters claim they knew he would win all along. Right! People at…

Continue Reading

mortgage-lenders-use-technology
Mortgage Industry Trends

Mortgage Lenders Doing Their Part for the Economy

Hiring among non-bank mortgage lenders increased in September, adding 2200 full-time employees to their payrolls. That’s a big jump from the 900 hires they added in August.  The additions were part of a rise in September employment to 315,000 new jobs, the highest increase since 2008. Maybe things are looking up. This hiring increase by non-bank mortgage lenders comes at…

Continue Reading

too-little-too-late-obama-administration
Mortgage Industry Trends

Housing Policy: Is It Too Little – Too Late?

As the Obama Administration is winding down, the Treasury Department issued a paper that may be considered the administration’s final word on Housing policy. The paper indicates that reform efforts should focus on providing access to credit and affordable rental housing (Housing). A real revelation. The goal is to provide fair and accessible housing to all Americans. Just about everyone…

Continue Reading

clinton-trump-debate-round-1-one
Mortgage Industry Trends

Debate Hangover

I, like just about everyone else, except maybe some in Atlanta and New Orleans who played on Monday Night Football, watched the first Presidential Debate of 2016. My analysis; it was interesting… Personally, I don’t think that either candidate moved the needle either way. Clinton supporters believe she did well, as did Trump’s. Both scored some points on certain issues…

Continue Reading

RNC-Housing-issue
Mortgage Industry Trends

Housing Gets a Seat at the RNC

If you’ve been following the events at the Republican National Convention, you’ve heard all the speeches about family, safety, immigration, jobs and the economy, as well as, party unity and broken pledges (or pledge). It has provided some good drama and plenty of fodder for the political pundits. But, what about housing? We still have a problem in this country…

Continue Reading