2014 Housing Market Trends Leave Lenders with Mixed Signals

The future of the housing market looks a bit uncertain

As we approach the end of 2014, a few housing market trends are appearing. Read on to find out what’s going on and how to prepare yourself.

Use a Tenant Screening Service That Pays Off

Don't risk your rental income by skipping a complete background check.

If you manage properties, then you are accustomed to performing a background check before renting to new residents. What you may not realize is that the type of tenant screening service you use makes a big difference. There are many background services out there; however, some of these services may not provide all the detailed background [Read More…]

HELOC Resets: How Lenders Can Minimize Risks and Prevent Losses

SUTA Dumping in Retrospect

Trouble is brewing in the U.S. mortgage market. Many borrowers with a home equity line of credit (HELOC) are about to see their monthly payments jump as they reach a critical point in their loans, known as HELOC resets. Lenders need to start preparing for the upcoming HELOC reset crisis to minimize problems for themselves [Read More…]