The Ticker

Moody’s: New GSE mortgage application positive for mortgage bonds

"Will lead to stronger loans"
Despite some disagreement in the industry, the recently announced redesigned Uniform Residential Loan Application, the standardized form used by borrowers to apply for a mortgage, should be a strong benefit to the industry. Although the industry is divided on the positive impact of the redesigned form, this new reports explains why it is, in fact, a good thing.
Read More

Airbnb causes confusion in refi market

Lenders unsure how to classify Airbnb homes
Airbnb is in the news again, this time causing confusion in the refinance market. As Airbnb blends traditional homes with commercial investment, it can cross many lines, and be difficult for lenders to define.
Read More

Oregon couple forced out of tiny home

Deemed unsuitable for land it’s on
The city named a tiny home in a residential neighborhood unfit for the land that it’s on. Now, despite housing shortages in the area, the couple was evicted from their home. These homeowners claim the government is going after the wrong people.
Read More