Nonprime Mortgage News

Nonprime Mortgage News

Nonprime Mortgage News Subprime, Hard-Money, Home Equity & Alt-A nonprime wholesale lender directory | subprime statistics   Last Updated October 17, 2018 12:47 PM Central Home-Equity Lending Set to Grow A new report predicts that borrowing against home...
Nonprime Mortgage News

Mortgage Credit Conditions Tighten

Average credit scores increased on last month’s mortgage production, while averaged debt-to-income ratios declined. The tighter credit conditions came as refinances continued to make up a diminishing share of mortgage production. The share of loans originated in...
Nonprime Mortgage News

Northeast Leads Builder Confidence Higher

A jump in builder confidence in the Northeast led the national level modestly higher this month. Behind the improvement were strong economic conditions and lower lumber prices. October 2018’s Housing Market Index was determined to be a seasonally adjusted 68. An...
Nonprime Mortgage News

Home Prices Gains Led by Sin City, Silver State

Real Estate News   Last Updated October 16, 2018 4:06 PM Central Northeast Leads Builder Confidence Higher A jump in builder confidence in the Northeast led the national level modestly higher this month. Behind the improvement were strong economic conditions and lower...
Nonprime Mortgage News

3-Yr Low Ginnie Issuance as Book Surpasses $2 Tril

Annual securitizations were the lowest they’ve been in three years at Ginnie Mae. Jumbo issuance plunged by a third, but reverse mortgage activity was higher. The government-owned corporation’s book of business broke $2 trillion. Including residential and...