ORIGINATING
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Hispanic Borrowers: Are Your LOs Bypassing This Massive Opportunity? If your loan officers are not actively courting Latino home loan prospects, you could be walking away from massive profit potential, according to the latest stats from The National Association of Hispanic Real Estate Professionals® (NAHREP).
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How to Develop Your Company's Culture Just because a company underwrites and/or approves loans quickly does not mean it is part of the culture. For example, are each and every one of the loan officers featuring this turnaround time, or are they selling rate and assuming that the quick approval is not something their clients want or need?
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UWM $16B Deal at Center of Investor Suit A blank-check company faces a lawsuit on behalf of its shareholders over a $16.1 billion deal to take United Wholesale Mortgage public. So report The Mortgage Note and Law360.
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Hispanic Borrowers: Are Your LOs Bypassing This Massive Opportunity? If your loan officers are not actively courting Latino home loan prospects, you could be walking away from massive profit potential, according to the latest stats from The National Association of Hispanic Real Estate Professionals® (NAHREP).
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How to Develop Your Company's Culture Just because a company underwrites and/or approves loans quickly does not mean it is part of the culture. For example, are each and every one of the loan officers featuring this turnaround time, or are they selling rate and assuming that the quick approval is not something their clients want or need?
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UWM $16B Deal at Center of Investor Suit A blank-check company faces a lawsuit on behalf of its shareholders over a $16.1 billion deal to take United Wholesale Mortgage public. So report The Mortgage Note and Law360.
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Guild Mortgage CEO Mary Ann McGarry Sets Retirement Guild Mortgage announced that CEO Mary Ann McGarry will retire in June, following a 40-year industry career. So reports The Mortgage Note.
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Kind Lending Unveils Joint Venture With RE/MAX Kind Lending has joined forces with RE/MAX Results in Minnesota and Wisconsin to launch a joint venture mortgage company, Results Home Mortgage. So reports NEXT Mortgage News.
BREAKING NEWS
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Prepayments Rebound from All-Time Low: Black Knight Prepayment activity (SMM) inched up to 0.35%, breaking a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, according to Black Knight.
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Mortgage Banks’ Belt-Tightening Couldn’t Beat Volume Decline Most mortgage lenders bled cash in the fourth quarter, notwithstanding thoroughgoing attempts to cut costs. So reports The Real Deal.
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Hispanic Borrowers: Are Your LOs Bypassing This Massive Opportunity? If your loan officers are not actively courting Latino home loan prospects, you could be walking away from massive profit potential, according to the latest stats from The National Association of Hispanic Real Estate Professionals® (NAHREP).
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How to Develop Your Company's Culture Just because a company underwrites and/or approves loans quickly does not mean it is part of the culture. For example, are each and every one of the loan officers featuring this turnaround time, or are they selling rate and assuming that the quick approval is not something their clients want or need?
Learning Center
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LENDING
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Prepayments Rebound from All-Time Low: Black Knight Prepayment activity (SMM) inched up to 0.35%, breaking a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, according to Black Knight.
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Mortgage Banks’ Belt-Tightening Couldn’t Beat Volume Decline Most mortgage lenders bled cash in the fourth quarter, notwithstanding thoroughgoing attempts to cut costs. So reports The Real Deal.
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CFPB Notches Appeals Win Ahead of Supreme Court Trip The Consumer Financial Protection Board has racked up a legal triumph as the Supreme Court prepares to weigh in on its potential fate. So reports PYMNTS.
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Prepayments Rebound from All-Time Low: Black Knight Prepayment activity (SMM) inched up to 0.35%, breaking a four-month streak of record lows, with relief likely to extend as the spring homebuying season takes hold, according to Black Knight.
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Mortgage Banks’ Belt-Tightening Couldn’t Beat Volume Decline Most mortgage lenders bled cash in the fourth quarter, notwithstanding thoroughgoing attempts to cut costs. So reports The Real Deal.
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CFPB Notches Appeals Win Ahead of Supreme Court Trip The Consumer Financial Protection Board has racked up a legal triumph as the Supreme Court prepares to weigh in on its potential fate. So reports PYMNTS.
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VA Revamps Home Loan Program for Hard-to-Finance Group The Department of Veteran Affairs has slashed interest rates for Native American veterans (or veterans who are spouses of Native Americans) who buy homes on tribal lands. So reports Military.com.
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Mortgage Rates Dip for Second Straight Week, to Below 6.5% U.S. long-term mortgage rates have posted a second consecutive weekly decline, adding to a flurry of optimistic data for homebuyers. So reports the Associated Press.