Tag: mortgage

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Financial Services Regulations: A look back and a look...

It’s been a wild ride for the financial services industry over the past eight years. After the mortgage meltdown, the Great Recession and a...

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Lender plan for handling HELOC end of draw customers...

As regulators continue to warn financial institutions of the looming risk posed by HELOCs reaching end of draw, many bankers are asking: Why should I be concerned? What are...

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Boomerang Buyers: Opportunity to build market share or...

Time heals countless things, including credit scores. Many of the seven million people who saw their VantageScores drop to sub-prime levels after suffering a...

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Easing borrower and lender stress during the home-buyi...

More home buyers and sellers tend to enter the market in the warmer months, making spring and summer a busy season for mortgage brokers...

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The Experian Market Intelligence Brief: The latest con...

Industry leading consumer credit trend data The complete picture of consumer credit trends from Experian’s database of over 230 million consumers Today we launched The...

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The Importance of Restructuring HELOCs before End-of-D...

End-of-Draw approaching for many HELOCs Home equity lines of credit (HELOCs) originated during the U.S. housing boom period of 2006 – 2008 will soon approach their scheduled maturity or repayment phases, also known as “end-of-draw”.  These 10 year interest only loans will convert to an amortization schedule to cover...

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