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Lenders Complain FGMC Is 'Radio Silent' On Loans

Company said it would stop purchasing new loans in the wake of its mass layoff last week; seeking court-approved financing.

Industry News
Jun 30, 2022
Highlights
Texas, N.Y. Law Firms File Class-Action Suit vs. FGMC Over Layoffs

Both firms represent a former employee suing over lack of 60-day notice before mass layoff on June 24.

Industry News
Power Shifting To Buyers As Asking Prices Fall

Redfin says a record-high share of home sellers dropped their prices after this month’s historic mortgage-rate hike.

Analysis and Data
Construction Spending Dips 0.1% In May, 1st Decline In 8 Months

Overall residential construction, however, ticked up 0.2% in May from April, and was 18.7% above the estimate for May 2021.

Analysis and Data
Construction Spending Dips 0.1% In May, 1st Decline In 8 Months

Overall residential construction, however, ticked up 0.2% in May from April, and was 18.7% above the estimate for May 2021.

Analysis and Data
Jul 01, 2022
Power Shifting To Buyers As Asking Prices Fall

Redfin says a record-high share of home sellers dropped their prices after this month’s historic mortgage-rate hike.

Analysis and Data
Jul 01, 2022
Lenders Complain FGMC Is 'Radio Silent' On Loans

Company said it would stop purchasing new loans in the wake of its mass layoff last week; seeking court-approved financing.

Industry News
Jun 30, 2022
AnnieMac Home Mortgage Acquires OVM Financial

Wants to expand its outreach into the Mid-Atlantic region.

Industry News
Jun 30, 2022
OrangeGrid Adds 6 To Staff Due To High Demand

Mortgage servicing software company names new president, announces other hires.

Career
Jun 30, 2022
Ready Life Launches Black-Owned Fintech To Help Underserved Borrowers

Ready Life, led by two Black entrepreneurs, is taking aim at the racial wealth gap by starting a mortgage fintech.

Industry News
Jun 30, 2022

NMP Magazine

Mortgage Banker

Mortgage Women Magazine

iBuying Is Not Circling The Drain

Surge in home prices is making the segment more profitable — even for departing Zillow

Read the cover story
NMP MAGAZINE
A Tidal Wave Of Fraud Approaches

Credit washing involves future homebuyers unwittingly being tricked into committing fraud

Katie Jensen
NMP MAGAZINE
Eeny, Meeny, Miny, Moe, Which Cash-Out Option Is Best Way To Go?

How to sort through the myriad of cash-out products for clients in a rising rate environment

Ralph Mclaughlin
Mortgage Banker Magazine
New Fights Old

Active push for high-tech mortgages gets pushback from consumers

Steve Goode
Mortgage Banker Magazine
Legends Of Lending

A look at the most talented, ambitious and legendary individuals

Mortgage Banker Magazine
MORTGAGE WOMEN MAGAZINE
Medical Debt Collections And Impact To The Homebuyer

Debts will no longer be treated as fiscal mismanagement like overdue car loans

Chrissy Brown
MORTGAGE WOMEN MAGAZINE
From Initial Rejection To Helping Others Succeed

Yvette Clermont Wants To See Future Generations Be Financially Prepared

Laura Brandao
Connect with your local mortgage community.

Meet your your colleagues, both national and local, by attending an event in your area.

Freddie Mac: Rapid-Rising Mortgage Rates Are Slowing

Freddie Mac's weekly report found that the 30-year fixed-rate mortgage averaged 5.7%, down from last week's 5.8%.

Analysis and Data
Jun 30, 2022
Home Supply Grows Faster Than Ever, Seller Activity Rebounds

Inventory recovery made major strides with the number of homes available to buyers climbing at its fastest annual pace of all time.

Analysis and Data
Jun 30, 2022
Abortion, Other Laws Could Influence Where People Move

People say they want to live in places where they agree with the social laws.

Analysis and Data
Jun 30, 2022
PrimeLending Announces Two Pacific Northwest Promotions

New area managers named for Oregon, Washington, Alaska, Idaho, and Montana

Career
Jun 30, 2022
What’s In Your Origination Toolkit?

Make sure you’ve got expertise in more than standard plain-vanilla mortgages.

Sales and Marketing
Mar 22, 2022
NMP MAGAZINE
Respect Different Perspectives

Keeping an open mind will also lead to keeping more clients.

Career
Mar 22, 2022
ATTOM: Unaffordability Continues To Plague Chances Of Home Buying

The second quarter report found that nearly one-third of average U.S. wages were required for major home-ownership expenses.

Analysis and Data
Jun 30, 2022
FGMC Files For Chapter 11 Bankruptcy Protection

FGMC notified laid-off 471 employees late Tuesday night that it would pay severance.

Industry News
Jun 30, 2022
FGMC Paying Severance To Ex-Employees

Late-night email tells laid-off workers they'll receive one week of pay for each year of service.

Industry News
Jun 29, 2022
Zillow Group Lays Off 55 In Texas

Layoffs related to the closing of its Zillow Offers ibuying unit.

Industry News
Jun 29, 2022
Close more loans, be more efficient, stay out of trouble.

Learn from experts across the industry through our articles and webinars.

What’s In Your Origination Toolkit?

Make sure you’ve got expertise in more than standard plain-vanilla mortgages.

Sales and Marketing
Mar 22, 2022
NMP MAGAZINE
Respect Different Perspectives

Keeping an open mind will also lead to keeping more clients.

Career
Mar 22, 2022