Author: PROGRESS In Lending

AffordabilityIn The News

Mortgage Application Payments Increased 0.3 Percent To $2,133 In November

Homebuyer affordability declined in November, with the national median payment applied for by purchase applicants increasing to $2,133 from $2,127 from October. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).

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Execs On The MoveIn The News

Planet Names Candice McNaught As SVP, Business Development And Strategic Initiatives

Planet Home Lending has hired Candice McNaught as Senior Vice President, Business Development and Strategic Initiatives for the Distributed Retail channel. McNaught brings more than 16 years of experience in driving revenue growth, recruiting high-performing sales teams, and implementing strategic initiatives across the financial industry.

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