Being a heavily regulated industry, there are multiple challenges for companies in the mortgage processing industry. Keeping up with changing fed guidelines is no easy task. The mortgage industry requires highly skilled processing teams in addressing and resolving issues in mortgRead More

The US housing market is final cooling down, thanks to lack of affordability. The cool down has been stunningly quick in this otherwise red-hot housing market. During the early months of the pandemic, the U.S. housing market surged with homebound buyers, furthered by record low-iRead More

According to 2022 mortgage rates forecasts, mortgage rates are likely to continue to rise going into the rest of this year. Mortgage rates jumped 1.5 percentage points during the first three months of the year, the biggest quarterly climb in 28 years The jump corresponded with a Read More

The economy observed stagnant growth in the third quarter due to labor shortage, supply-chain crunch, and Delta variant resurgence. On Thursday, the Commerce Department stated that the GDP grew at a 2.0 per cent annualized rate in September since experiencing an inflation of 6.7 Read More

The United States has been facing a housing crisis lately due to the spike in rental fees and skyrocketing home prices. The economic inequality continues to widen as there has been a robust demand for subsidized properties while others hardly manage to pay their rent. Many househRead More

The economy is steadily rebounding due to coronavirus vaccines’ rollout, but the effects of Covid-19 mitigation strategies have caused supply-chain disruptions. Delay in completion times, shipping gridlock, trucker shortage, labor inadequacy, etc., are having a tremendous iRead More