Refinance Boom Decreasing Fraud Risk, According to First American’s Loan Application Defect Index

2019-08-29T12:33:05-04:00

As the mortgage market composition continues to shift toward refinance transactions in 2019, the risk of defect, fraud and misrepresentation will continue to decline, says Chief Economist Mark Fleming

First American Financial Corporation (NYSE: FAF), a leading global provider of title insurance,

Refinance Boom Decreasing Fraud Risk, According to First American’s Loan Application Defect Index2019-08-29T12:33:05-04:00

Mortgage Applications Decrease in Latest MBA Weekly Survey

2019-08-28T10:39:47-04:00

Mortgage applications decreased 6.2 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending August 23, 2019.

The Market Composite Index, a measure of mortgage loan application volume, decreased 6.2

Mortgage Applications Decrease in Latest MBA Weekly Survey2019-08-28T10:39:47-04:00

While Other Rates Decline, Rates on AD&C Loans Trend Up

2019-08-28T10:39:47-04:00

In the second quarter of 2019, interest rates on loans for land acquisition, development, and single-family construction (AD&C) continued to drift upward, according to results from NAHB’s quarterly AD&C Financing Survey.  As the survey showed, relationships among the various subcategories

While Other Rates Decline, Rates on AD&C Loans Trend Up2019-08-28T10:39:47-04:00
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