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Mortgage Rates Dip Again As Fed Keeps Money Supply Loose

After trending upward to start 2021, mortgage rates have declined once again, following the Federal Reserve’s expected announcement that it would keep its benchmark rate near zero. So reports MoneyWise. Read more...

What Car Salespeople Can Teach Originators

Shock waves rippled through mortgage banking last month after 50 basis points were unexpectedly added to refinance loan fees. This action took a lot of lenders by surprise and sent many originators into panic mode. Read more...

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Existing-home Sales Outperform Market Potential: First American

First American Financial Corporation released its proprietary Potential Home Sales Model for the month of August 2019. Read more...

Ex-Equifax Exec Sentenced to Prison for Insider Trading

Jun Ying, a former chief information officer at Equifax’s U.S. Information Solutions division, will serve four months in federal prison. So reports The Atlanta Journal-Constitution. Read more...

Ask Brian: How Can I Get Clients to Speak with Me When I'm Available?

Dear Brian, How can I get clients to meet or speak with me during the times I am available instead of evenings and weekends? --Tim in Oregon Read more...

HSBC Bank USA Launches New Digital Mortgage Solution with Roostify

-HSBC Bank USA, N.A., (HSBC), part of the HSBC Group, one of the world’s largest banking and financial services organizations, today announced that it has launched a digital home lending experience powered by Roostify. The… Read more...

House Financial Services Committee Offers Rulings on FHA, Flood Insurance and DACA Loan Eligibility

It was a busy week for the House Financial Services Committee who, among other things, passed bills that addressed the cost of FHA loans, countered a recent HUD proposal on DACA borrowers and once again… Read more...

Survey Reveals That Consumer Knowledge about Credit Scores Has Steadily Declined over the Past Eight Years

The ninth annual credit score survey, released today by the Consumer Federation of America (CFA) and VantageScore Solutions, LLC, shows that consumer knowledge about credit scores is at the lowest level in the past eight… Read more...

Commercial/Multifamily Originations Increase 12 Percent in the First Quarter

Commercial and multifamily mortgage loan originations rose 12 percent in the first quarter compared to the same period last year , according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations.… Read more...

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