FHFA announces 2016 conforming loan limits

FHFA announces 2016 conforming loan limits

Much of U.S. left unchanged; limits increase in 39 ‘high-cost’ counties

Game changer? Quicken Loans takes mortgage lending fully digital

Launches Rocket Mortgage

Google launches mortgage comparison tool with Zillow

LendingTree will also bring mortgages to Google

Items Tagged with 'HELOC'


Black Knight: Cash-out refis up 68% since 2Q 2014

Volume still 80% below 2005 levels
Cash-out refinances jumped 68% year-over-year from the second quarter of 2014 to the second quarter of 2015, as borrowers take advantage of still-low rates and newfound equity in their homes. Does that mean we're in pre-bubble territory?
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Are you ready for the next wave of home equity lending?

Go digital, or die
With mortgage rates, home values and consumer confidence all trending upward, consumers are once again tapping into their home equity. Lenders who want to capitalize on this trend must respond to changes in the home equity line of credit and home equity loan market, including demand for 24/7 digital lending options.
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Wells Fargo ordered to pay $4 million for HELOC violations

NYDFS investigation shows falsified mortgage loan origination files

Wells Fargo will pay a $4 million penalty after an investigation by the New York Department of Financial Services found that a former affiliate of the bank falsified mortgage loan origination files, made loans to customers that were secured by an interest in the borrower’s home, and committed other infractions in violation of New York State law.

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7 recommendations for CFPB to improve HMDA

Better measurements needed for home loans, mods, affordable housing
More than 40 California organizations join with the California Reinvestment Coalition in calling on the Consumer Financial Protection Bureau to strengthen the Home Mortgage Disclosure Act through greater transparency.
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Not all lenders think HELOCs are the next bubble

Rates set to reset, HELOC demand on the rise
As the wave of resets for home equity lines of credit continues to rise, many homeowners are left with higher monthly mortgage payments. But the industry is divided on the past and future problems that come with HELOCs.
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Are HELOCs the next big home credit product?

Borrower and investor demand rising
With the housing market recovering and home prices steadily increasing, one mortgage product is looking more and more appealing to borrowers. And the demand might not stop there, with investors hoping to jump on the bandwagon too.
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