What is the future of the mortgage business?

Every one of us with an interest in the mortgage business, whether it be a vested financial interest or otherwise, has to be wondering what the future of the industry is going to look like. It’s pretty clear that the complete homebuying process from selecting a home through the entire mortgage process is moving online. How we get there, on the other hand, is a different story.
Source: New feed

Wall Street Journal lays waste to CFPB in scathing editorial

While the Consumer Financial Protection Bureau is fighting to uphold its authority in a federal court, the governmental agency, which so often finds itself in the crosshairs of legislators and the financial industry, has a new enemy in the form of the Wall Street Journal’s editorial board, which authored a scathing takedown of the CFPB, questioning whether the agency is operating outside of the parameters of the Constitution.
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Freddie Mac: Rough start to 2016 doesn't damper housing outlook

So far this year, the housing market has struggled to get itself off the ground, but according to an updated forecast report from Freddie Mac, housing is expected “to maintain its momentum in 2016 and be an economic engine of growth.” Here are the new predictions for this year, including what to expect from mortgage rates.
Source: New feed