The average rate for a 30-year, fixed rate loan was 3.10 percent this week, according to Freddie Mac’s latest lender survey. Source: Inman News
Posts published in “Mortgage”
Digital mortgage lender accesses bank, income and tax information online to provide “purchase-ready approvals” in 15 minutes. Source: Inman News
“Stare and compare” work performed by human mortgage loan processors is not only inefficient but can introduce errors and inaccuracies. Source: Inman News
Better CEO Vishal Garg has apologized to the mortgage company’s staff, saying he failed to show adequate respect for the 900 former employees who were…
Redwood Trust, which issues jumbo loans that are off limits to Fannie and Freddie, says costlier markets are better served by private lenders. Source: Inman…
No new LIBOR loans will be allowed after this year, but there’s also the matter of what to do with roughly $1.4 trillion in existing…
Since going public in a December 2020 merger with a special purpose acquisition company, Porch has continued to grow through acquisitions. Source: Inman News
The online mortgage company is facing scrutiny from former employees and on social media, where a video of CEO Vishal Garg firing employees over Zoom…
Company says it will be better positioned for growth as lenders shift their focus from refinancing mortgages to providing purchase loans. Source: Inman News