David Krechevsky

Issues guidance warning that steering shoppers for kickbacks or fees is against the law.

Home Purchase Sentiment Index rose in January for 3rd straight month, but remains below pre-pandemic level.

Sends letter to agency director raising concerns about changes, including LLPAs based on debt-to income ratios.

Housing prices, mortgage rates continue to decline but affordability still an issue.

Townstone Financial & its owner accused of discouraging prospective borrowers.

Calif.-based wholesale lender reportedly closed on Jan. 31.

Available only in certain areas, the funding does not need to be repaid and can be used for upfront costs.

Non-QM lender updates its brand as it introduces 2 new loan programs.

Volume increased across the board, lead by rate/term refis rising 124%.

Combined with upward revisions for November & December, market proves even stronger than many thought.