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Home » Topics » Inside Mortgage Trends » Purchase Lending

Purchase Lending
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Lenders See Benefits, Challenges With eClosing

January 17, 2025
Brandon Ivey
While electronic closings offer faster turn times, adoption of the technology comes with some complications. Still, the share of eNotes is expected to triple by 2028.
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Mortgage Servicers Complicate Divorce Process

January 17, 2025
Dennis Hollier
Recently divorced or widowed homeowners told the CFPB that mortgage servicers sometimes say they must refinance, even when they should be able assume the existing mortgage.
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Grapevine: FCC Warns of Spoof Calls; Rocket Starts Rebrand

January 17, 2025
Brandon Ivey
FCC warns scammers are successfully impersonating mortgage companies; Rocket begins first phase of rebrand; household growth expected to slow; MBA expands college program; Lower acquires technology vendor; MTC increases transparency on MSR valuations; Voxtur Analytics considering a sale; automated loan mod offering.
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Lenders Putting an Emphasis on Customer Experience

January 3, 2025
James Dohnert
Lenders are planning to take a more hands-on approach in 2025 due to the purchase-heavy environment expected this year.
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Fannie Details Warning Signs for Occupancy Status

January 3, 2025
Dennis Hollier
The quality control team at Fannie Mae identified “red flags” that could indicate borrowers have mischaracterized whether they’re seeking a mortgage for a primary residence or for a second home or investment property.
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Grapevine: Momentum for Trigger Leads Bill; Boomer Equity

January 3, 2025
Brandon Ivey
With Rep. Patrick McHenry, R-NC, no longer in Congress, legislation to limit trigger lead activity could see a boost; baby boomers expected to pass along home equity to heirs; two banks reposition portfolios; Clever Real Estate adds servicing clients.
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Housing Supply Improving, But Affordability Still a Concern

December 13, 2024
James Dohnert
Additional inventory is expected to hit the market next year but homebuyers are expected to continue to face affordability issues.
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Fed Researchers Quantify the Lock-In Effect

December 13, 2024
Dennis Hollier
Federal Reserve researchers found that pandemic-era interest rates reduced mobility by 44%, as many homeowners are reluctant to let go of their low interest rates.
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Commission Changes Causing Confusion During Home Sales

December 13, 2024
James Dohnert
In a recent survey, real estate agents told HomeLight that changes to their commission structure has caused confusion for their clients and added new hurdles to the homebuying process.
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Grapevine: Loan Limits to Increase 5.2%; Rejection Rate Up

November 27, 2024
Brandon Ivey
FHFA announces 2025 conforming loan limits; rejection rate for refis hits survey high; home sales projected to increase; split in home price trends based on location; signs of stabilization for property insurance.
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