Subscribe to this RSS feed
Originating

Originating (1388)

Bill Bodnar from Mortgage Market Guide Discusses Interest Rates

Bill Bodnar from Mortgage Market Guide Discusses Interest Rates

Friday, 26 April 2019
Originating
Written by
https://youtu.be/kkOva-YGbdA Read more...
Tagged under
Ask Brian: Should I Advertise In the Local Newspaper?

Ask Brian: Should I Advertise In the Local Newspaper?

Thursday, 25 April 2019
Originating
Written by
Dear Brian I was just approached by a local newspaper and wondered if you felt if it was worthwhile to advertise? They also have an online addition that I would be included in as well. Robert D., Atlanta GA Dear Robert Thanks so much for your question and it is a common one. We have… Read more...
Tagged under
Fannie Mae is Looking for Your Ideas

Fannie Mae is Looking for Your Ideas

Wednesday, 24 April 2019
Originating
Written by
In a recent poll commissioned by Fannie Mae, 46% of American adults said they would prefer to live in a community with access to better schools and/or childcare, but cannot afford to do so; while 58% say communities with better job opportunities are too expensive for them to live in.* "When families live in stable… Read more...
Tagged under
MBA: Refi Applications Drop 28% Over the Last Three Weeks

MBA: Refi Applications Drop 28% Over the Last Three Weeks

Wednesday, 24 April 2019
Originating
Written by
The Mortgage Bankers Assoicitation's Market Composite Index, a measure of mortgage loan application volume, decreased 7.3 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 6 percent compared with the previous week. The Refinance Index decreased 11 percent from the previous week. The seasonally adjusted Purchase Index… Read more...
Tagged under
Radian MI Now Available Through Compass Analytics

Radian MI Now Available Through Compass Analytics

Tuesday, 23 April 2019
Originating
Written by
Radian Guaranty Inc., the mortgage insurance subsidiary of Radian Group Inc. announced today that Radian MI is now available directly through Compass Analytics’ product, pricing and eligibility (PPE) engine, CompassPPE™ (CPPE). This integration is helping ensure customers receive Radian’s most competitive MI rates by providing them access to a comprehensive, contemporary PPE that is designed… Read more...
Tagged under
Urban Institute's Index Shows Credit Easing Has Room to Increase

Urban Institute's Index Shows Credit Easing Has Room to Increase

Tuesday, 23 April 2019
Originating
Written by
The Urban Institute’s Housing Finance Policy Center updated their Housing Credit Availability Index (HCAI) last Friday. The HCAI measures the percentage of owner-occupied home purchase loans that are likely to default—that is, go unpaid for more than 90 days past their due date. A lower HCAI indicates that lenders are unwilling to tolerate defaults and… Read more...
Tagged under
Ask the Expert: Build a Relationship Before Answering Phone Questions

Ask the Expert: Build a Relationship Before Answering Phone Questions

Monday, 22 April 2019
Originating
Written by
I keep getting the same question over the phone—what is your rate on a 30-year fixed mortgage? How do I reply in a way that will assure that I get the loan? Eddie from New Hampshire This question goes to the crux of sales within the industry. It is so important that I may take… Read more...
Tagged under
What Percentage Of Your Originators Are Really Producing?

What Percentage Of Your Originators Are Really Producing?

Monday, 22 April 2019
Originating
Written by
By Pat Sherlock In recent conversations with a Board Chairman and the President of a mortgage company, I asked each one separately “What percent of your sales staff meet the company’s annual volume goals?” This productivity percentage is a critical standard for any mortgage company because it is a predictor of profitability. The Board Chairman… Read more...
Tagged under
Quicken Loans Using Short Term Rental Income For DTI Calculation

Quicken Loans Using Short Term Rental Income For DTI Calculation

Sunday, 21 April 2019
Originating
Written by
Detroit-based Quicken Loans has partnered with Vrbo®, a world leader in vacation rentals, to allow rental income earned through Vrbo to be used to qualify for a mortgage refinance. This program uses confirmed and documented rental income so homeowners can more accurately illustrate their full income stream. Mortgages for primary residences, vacation homes and investment… Read more...
Tagged under
Bill Bodnar’s Mortgage Market Recap

Bill Bodnar’s Mortgage Market Recap

Wednesday, 17 April 2019
Originating
Written by
https://youtu.be/hJ0SnZFePfU Rates rose this week and U.S. market is resurgent and so is China. The economy is reinvigorated. The spring season is the largest in nine years. Employees are not getting fired because the job market is so tight. [adbutler zone_id="326324"] [adbutler zone_id="326327"] Recession occur 13 months after the low, but the economy keeps making… Read more...
Tagged under

FOLLOW US