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Rate Lock Volumes Drop in September

Rate Lock Volumes Drop in September

Saturday, 08 October 2022
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Rate lock activity based on dollar volume fell last month, but there were some bright spots. That’s according to an announcement from capital markets software and services provider MCT. Read more...
MAXEX Adds Non-QM Programs for Originators

MAXEX Adds Non-QM Programs for Originators

Saturday, 08 October 2022
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Digital mortgage exchange MAXEX has announced new programs for originators and loan buyers in the non-QM lending market. Read more...
BlackFin Recruits Rick Grant to Chair Industry Think Tank

BlackFin Recruits Rick Grant to Chair Industry Think Tank

Saturday, 08 October 2022
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BlackFin Group has announced that veteran journalist and communications consultant Rick Grant will serve as the chair of its innovation-focused think tank, the Innovation Leadership Cohort. Read more...
BeSmartee Integrates with Snapdocs to Speed Closing Process

BeSmartee Integrates with Snapdocs to Speed Closing Process

Friday, 30 September 2022
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Snapdocs has announced the completion of its integration with BeSmartee’s digital mortgage platform, which aims to streamline the borrower’s closing document review and signature steps. So reports MortgageOrb. Read more...
Fairway Mortgage Talks Hiring Employees for Long-Term

Fairway Mortgage Talks Hiring Employees for Long-Term

Friday, 30 September 2022
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Fairway Independent Mortgage Corp. management has shared some insights on hiring and retaining for the long haul in a cyclical industry. So reports CT Insider. Read more...
Sterling Bank Hit with $6M Fine Over Mortgage Loan Program

Sterling Bank Hit with $6M Fine Over Mortgage Loan Program

Friday, 30 September 2022
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Sterling Bank and Trust has agreed to pay a $6 million fine in connection with what was once the Michigan-based bank’s primary mortgage loan product. So reports BankersOnline.com. Read more...
Ask The Expert: Do Lots of Loan Officers Fail Their Licensing Test?

Ask The Expert: Do Lots of Loan Officers Fail Their Licensing Test?

Friday, 30 September 2022
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Max from Nashville writes: "I am considering leaving my origination job at a bank to take position with a correspondent lender. I am concerned that I will have to take the licensing test, as I have been in the industry for 25 years and I have not taken a test for decades. I keep hearing… Read more...
How to Solve the Toughest Sales Management Issue

How to Solve the Toughest Sales Management Issue

Friday, 30 September 2022
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Employee underperformance is by far one of the hardest issues for mortgage managers to contend with. Managers who hire a poor sales performer are faced with the reality that they didn't properly evaluate a sales candidate during the interview process and made a bad hiring decision. Read more...
Ask The Expert: Will the FHA Eliminate the MIP When Homes Hit 78% Equity?

Ask The Expert: Will the FHA Eliminate the MIP When Homes Hit 78% Equity?

Friday, 23 September 2022
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Abraham from Florida asks: Do you anticipate the FHA making changes to eliminate the MIP when homes reach 78% equity instead of this lifetime MIP?  Read more...
Fannie Mae Trims Mortgage Originations Forecasts

Fannie Mae Trims Mortgage Originations Forecasts

Friday, 23 September 2022
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Fannie Mae announced it expects further slowing in housing as the economy heads for a modest recession in 2023, and it has cut its projections for the mortgage industry accordingly. Read more...

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