Mortgage lenders are more likely to turn down homebuyers of color than white applicants with similar attributes, and algorithms are likely to blame, according to…
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Lenders can use borrower’s actual monthly student loan payment when calculating their overall debt burden. Source: Inman News
At 4.5 percent, the mortgage forbearance rate is 18 times higher than before the pandemic, but much improved from a high of 8.55 percent in…
After throwing in the towel on a $2.7 billion merger, Genworth considering spinning off its mortgage insurance division. Source: Inman News
Analysts say unemployment will continue to be an ongoing issue even as the pandemic subsides. Source: Inman News
There’s a wealth of low down payment options for millennials and first-time homebuyers if you know your clients and where to look. Here’s how to…