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Tag: loan lending

How Do Lenders Use Real Estate Data for Loan Underwriting?

How Do Lenders Use Real Estate Data for Loan Underwriting?

Loan underwriting is a critical phase in the lending process where financial institutions assess the risk of offering a mortgage or home equity loan. To make sound decisions, lenders increasingly rely on real estate data that offers insights into the property itself, its market value, the borrower’s equity position, and the surrounding... Read More »
Mortgage Lending Declines At Unusually Fast Pace Across U.S. During Third Quarter Of 2021

Mortgage Lending Declines At Unusually Fast Pace Across U.S. During Third Quarter Of 2021

Overall Loan Activity Down 8 Percent, Marking Second Straight Quarterly Decrease; Mortgage Lending Down in Both Second and Third Quarters for First Time This Century; Refinance Mortgages Drop 13 Percent Quarterly, Purchase Loans Off 2 Percent IRVINE, Calif. – Dec. 2, 2021 — ATTOM, curator of the nation’s premier property database, today released... Read More »