The Mortgage Industry Standards Maintenance Organization (MISMO) announced the final release Tuesday of the latest version of the MISMO Life of Loan Process Model. MISMO Life of Loan is an interactive ...

Mortgage investors are pointing to several factors leading to increased demand for mortgages in the current environment, including: the end of the current rate-hike cycle, government subsidies for ...

A fixed-rate mortgage is a type of loan that is secured by real estate and has an interest rate that remains unchanged during the mortgage term. These mortgages are ideal for borrowers who want to ...

Mortgage origination is the process through which the lender approves and creates your loan. Steps in the mortgage origination process include getting preapproval, applying for the loan, waiting for ...

Fixed-rate mortgage loans are popular products for consumers looking to finance the purchase of a residential property. With fixed-rate mortgages, the loan's interest rate does not fluctuate with ...

A 50%-plus net share of all U.S. banks said they saw weaker demand for all types of residential real estate loans except for government (46.2%) and subprime mortgage loans (41.6%).

A loan modification is a one-time, permanent amendment to the terms of a loan which reduces the monthly debt service payments. The most common type of loan modification is a maturity extension which ...

Nationally, rising interest rates have caused new mortgage payments to rise by an average of nearly $259 — that adds up to more than $93,000 over the life of a 30-year loan, the group said in a ...

This paper studies the impact of housing market cycles on loss given default (LGD). Previous studies have shown that the current loan-to-value ratio (CLTV) is the most important determinant of LGD.