In the never-ending pursuit of more ways to increase homeownership, we now come to another segment of the population which may be deprived of this opportunity. The “Credit Invisibles”, those without a standard credit score (Credit Invisibles).It seems there are between 30 to 35 million consumers who may fall into this category. That’s quite a large number of people being…
As is usually the case, there are two sides to a story (sometimes three). Yesterday, we heard about a potential increase in home buyers resulting from renters jumping into the market. Today, we get the other side of the story. Builder confidence is at its lowest levels in quite some time as low rates and an improving economy are not…
I believe the biggest challenge facing lenders today is not complying with the upcoming TRID changes or anything in the regulatory area, but how and by whom they originate business in the future. We are an industry dominated by production, with a constant drive for more and more business. Look at job boards and postings and you’ll find the vast…
