How far can lenders push the credit box?

How far can lenders push the credit box?

Watt announcement helps, but risk keeps standards tight

Warren calls for GAO investigation of nonbank servicers

Asks GAO to review “unprecedented” growth of nonbank servicers

Freddie Mac CEO: We will help increase mortgage lending

Competition among two is still competition
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Items Tagged with 'Guardian Mortgage'

ARTICLES

Small mortgage lenders and large banks face off

Fannie Mae: Smaller lenders to contract credit standards
Brena Swanson
Lending standards are likely to tighten at smaller and midsize lenders over the next three months, but at the same time, the smaller guys are stealing larger banks' mortgage market share.
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3 lenders define the spring home-buying season

Embrace, Guaranteed Rate, Guardian give input
Brena Swanson
With the spring home-buying season underway, HousingWire turned to a few lenders to get an inside view of how these past couple months have driven or hindered business.
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It’s time to get serious about Non-QM loans

Nonbank lenders need investors to help with risk
Marcus McCue
With non-QM comes more risk. There is no safe harbor and holding them on portfolio could mean boosting capital reserves. Nonbank lenders, meanwhile, need to find an investor willing to buy non-QM loans.
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What tomorrow may bring: How QM impacts Realtors

Real estate agents should ask homebuyers to get conditional mortgage approval
Kerri Ann Panchuk
Real estate agents have been somewhat absent in the whole debate over the qualified mortgage lending and ability-to-repay rules, but they are not immune from the consequences.
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Not everyone expects big QM lending squeeze

Some borrowers miss out, but not every lender will suffer
Kerri Ann Panchuk
First-time homebuyers, condo purchasers and investors are just a few of the consumer groups that could face difficulties in qualifying for mortgages in 2014.
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Life of a Loan: The refinance mortgage

Brena Swanson
Once the purchase mortgage wraps up, the borrower will want some time before they consider refinancing. But with all the time in between, the need or...
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Life of a Loan: The purchase mortgage

Brena Swanson
There is a lot of fine print the goes into getting a loan. You have the basics like the who, what, where, when and why. But...
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Refi, purchase apps switch places over the years

Brena Swanson
Mortgage applications posted that the refinance share of overall mortgage activity slightly fell to 74% of total applications, the Mortgage Bankers Association said. Despite the small drop,...
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