Category Archives: Industry News

There’s a lot going on in the mortgage industry, and I know you don’t always have time to read it all. Use this page to catch up on all the pertinent happenings that affect you, your clients and your business.

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FIX & FLIP MORE POPULAR THAN EVER

America’s confidence in the housing industry isn’t going anywhere. Evidence of this is all around, but it’s most notably seen in the gargantuan amount of active home flippers.

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The amount of homes flipped is at a 10-year high Flippers received an astounding $16.1 billion in financing in 2017 This cycle is different than the last – help your clients cash in on this wave of returns America’s confidence in the housing industry isn’t going anywhere. Evidence of this is all around, but it’s […]

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THE VALUE OF HOME EQUITY

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It’s March, which means there are a few things on the minds of today’s homeowners: taxes, new tax reform laws, savings and home renovations. I came across a survey by LendEDU the other day that made me think now was the perfect time to tackle these subjects in relation to our borrowers and our home […]

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THE VALUE OF HOME EQUITY

darren-nolander-home-equity-featured

There are a few things on the minds of today’s homeowners: taxes, new tax reform laws, savings and home renovations. I came across a survey by LendEDU the other day that made me think now was the perfect time to tackle these subjects in relation to our borrowers and our home equity loan product. First off, […]

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STUDY: BOOMERS TEND TO CARRY MORTGAGES INTO RETIREMENT

Boomers hold mortgages longer than previous generations and some study respondents weren’t sure they would ever pay off their mortgages

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Baby Boomers – those born between 1946 and 1965 – were less likely to have their mortgages paid off and own their homes outright than the generation before them. This is according to a recently released Fannie Mae study that compared the Boomer generation and its rate of homeownership and mortgage debt to that of […]

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COMPANIES INCREASE WAGES, BONUSES IN LIGHT OF TAX REFORM

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You get a raise! And you get a raise! And you get a raise! Sorry, you can’t blame me for channeling Oprah as the list of companies increasing employee salaries and bonuses continues to grow thanks to the new tax reform laws. Not only will the average American family receive a “$4,000 raise” under the new tax […]