Luxury Home Sales Shift to Domestic Buyers

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Over the past few years, luxury home sales have represented a bright spot in an otherwise weak housing market. Luxury home sales, or sales totaling at least $1 million, have increased every quarter since 2012 and significantly outpaced normal home sales. In the past, this activity mainly originated from international buyers. However, the past year [Read More…]

Visit Equifax at MBA’s Tech15

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March 29  – April 1 | Hyatt Regency | Orlando, FL Equifax delivers innovative verification and risk mitigation solutions that provide the transparency you need to streamline your loan process and reduce vendor costs. Visit our booth at MBA’s National Technology in Mortgage Banking Conference & Expo to learn more about how you can: Access [Read More…]

Can Government Programs Help Boost First-Time Homebuyer Sales?

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When the housing bubble and economy crashed, demand for housing fell across the board, with first-time homebuyers in particular becoming reticent to buy. The federal government had tried turning this trend around by creating a number of helpful programs for these buyers. Promoting and coordinating with these various programs could be a key for lenders to [Read More…]

The Reduced Buying Power of Millennials Is Hampering Homeownership

Mortgage lenders must creatively tailor their marketing efforts to combat the low buying power of millennials.

The reduced buying power of millennials has forced many to avoid homeownership. Here’s how to get them engaged in the real estate game.

Visit Equifax at MBA’s Servicing Conference & Expo

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MBA’s National Mortgage Servicing Conference & Expo February 23–26, 2015 | Gaylord Texan Resort and Convention Center | Dallas, TX As the industry continues to shift, many mortgage servicers are looking for solutions to maintain costs and portfolio health while complying with regulatory requirements. Visit Equifax at this year’s Mortgage Servicing Conference to learn how you [Read More…]

Predicting the Housing Market Recovery Through Construction Industry Experts

Want to predict the housing market? Ask a building materials expert.

The building materials industry has a track record of predicting the health of the housing market. What may the next few years mean for lending?

Is the Market for Real Estate Investment Drying Up?

A stronger housing market means fewer bargains for investors.

After years of high activity, the market for real estate investment is slowing down. What’s going on and how can lenders adjust to this shift?

Expect Increasing Demand for Data in Mortgage Lending

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Austin Kilgore, managing editor for National Mortgage News and Mortgage Technology, released a series of stories at the end of last year previewing the biggest trends in 2015 for mortgage. In his article, “2015 Technology Outlook:  Data, Data and More Data”, Kilgore discusses the ongoing push for more robust loan data in 2015 as market participants [Read More…]

FHA Requirements Continue to Hurt the Condo Market: Is Relief in Sight?

FHA requirements continue to hinder the growing market for condos.

FHA requirements are slowing down growth in the condo market. But change could be coming soon, creating a huge opportunity for lenders.

Webinar – eSignatures and compliance – bullish on eSignature adoption

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A group of over 200 webinar attendees showed themselves bullish about eSignatures at a webinar discussing electronic signature legal issues. The webinar addressed the legal background for eSignatures and electronic records in general for mortgage lending. Margo Tank, counsel for Electronic Signature and Records Association (ESRA) as well as a leading eCommerce lawyer and partner at [Read More…]