Mortgage brokers have to undergo specific training to do their jobs, but a higher education degree is not required. Those with an aptitude for hard…
Posts published in “Mortgage”
Surprising GDP and jobs numbers have investors buying stocks and selling bonds over worries that Fed policymakers will continue hiking rates to combat inflation. Source:…
Jumbo loan rates are higher than conforming mortgages for the third week in a row as spread widens to 16 basis points, the latest MBA…
The company intends to sell “substantially all of its assets,” including its technology platform to pay creditors that include thousands of retail investors. Source: Inman…
Mortgage brokers typically make a 1 percent to 2 percent or more commission from each loan they broker, but a lot of other variables determine…
ACI admits no wrongdoing in settling CFPB’s first-ever enforcement action over the handling of consumer data in the processing of mortgage payments. Source: Inman News
Fannie Mae forecasters say the Federal Reserve’s decision on how high and long to keep rates up presents “a major risk over the next year,”…
Mortgage loan servicers collecting payments on loans guaranteed by Fannie Mae and Freddie Mac completed 2.36 million “home retention actions” during the COVID-19 pandemic. Source:…
The bulk acquisition of servicing rights to 45,000 Ginnie Mae loans brings Planet’s servicing portfolio to $94 billion, with more purchases eyed for 2023. Source:…
Former Keller Williams Realty exec’s startup enables virtually any mortgage lender to emulate programs offered by bigger rivals, such as Rocket Mortgage, loanDepot and Better. …