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Should You Hire Part-time Loan Officers?

Should You Hire Part-time Loan Officers?

Friday, 28 April 2023
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Though the vast majority of loan officers are full time, the question about part-time LOs will come up from time to time. Read more...
Government-Backed Mortgage Fee Changes Take Effect

Government-Backed Mortgage Fee Changes Take Effect

Friday, 28 April 2023
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Adjustments to the upfront fees on mortgage loans guaranteed by Fannie Mae and Freddie Mac take effect May 1. So reports CBS News. Read more...
Home Point Lays Off More Than 100 Workers After Sale

Home Point Lays Off More Than 100 Workers After Sale

Friday, 28 April 2023
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Ann Arbor, Michigan-based Home Point Capital has revealed that it is shedding most of its jobs in the state after The Loan Store Inc. bought the lender’s wholesale mortgage origination arm. So reports The Detroit News. Read more...
Mortgage Point Use Soared in 2022: Zillow

Mortgage Point Use Soared in 2022: Zillow

Friday, 28 April 2023
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The share of homebuyers choosing to buy mortgage points in order to reduce their monthly payments rose sharply last year, Zillow Home Loans has found. So reports MortgageOrb. Read more...
Ask The Expert: More Thoughts On Beating This Extra Long Slump

Ask The Expert: More Thoughts On Beating This Extra Long Slump

Sunday, 23 April 2023
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In my last column, I answered a question from "Perplexed in Arizona" about today's touch market conditions. I have more thoughts. Read more...
The Fail-safe Strategy to Generate More Loan Volume

The Fail-safe Strategy to Generate More Loan Volume

Sunday, 23 April 2023
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Limited housing inventory, affordability concerns and fallout from inflation continue to complicate the mortgage banking landscape. For lenders struggling to fill their pipelines with new loan applications, the answer may lie in expanding their product lines, according to Joe Camerieri, EVP of sales and strategy at Mortgage Cadence. Read more...
Black Knight Launches Mobile App for MLOs

Black Knight Launches Mobile App for MLOs

Sunday, 23 April 2023
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Black Knight has rolled out a new mobile app for its Optimal Blue PPE pricing and eligibility product. So reports MortgageOrb. Read more...
FHFA Looks to Formalize Fair Lending Rule

FHFA Looks to Formalize Fair Lending Rule

Sunday, 23 April 2023
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The Federal Housing Finance Agency has asked for comment on a proposed rule meant to formalize the regulator’s approach to fair housing and fair lending oversight. So reports DSNews. Read more...
CFPB Staffer Forwarded Consumer Records to Personal Email

CFPB Staffer Forwarded Consumer Records to Personal Email

Sunday, 23 April 2023
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The Consumer Financial Protection Bureau has disclosed that an employee who is no longer with the agency sent confidential details for hundreds of thousands of consumers to their personal email account. So reports NBC News. Read more...
3 Strategies to Grow Your Referral Network

3 Strategies to Grow Your Referral Network

Sunday, 16 April 2023
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Most (92%) participants in a Loan Officer Hub originator survey say the most reliable way to expand your referral network is to “provide value.” Read more...

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