Homepoint's Jumbo ARM is a strategic addition to the company’s expanding jumbo portfolio.
Katie Jensen is a mortgage news reporter at NMP.
Homepoint's Jumbo ARM is a strategic addition to the company’s expanding jumbo portfolio.
In 2021, over $31 billion was invested in real estate technology companies.
IMBs reported a net gain of $223 per originated loan in 1Q 2022, down from $1,099 per loan in the previous quarter.
If convicted, she faces up to 30 years in federal prison on each bank fraud count and a mandatory consecutive 2 years’ imprisonment.
ARM loans might be a saving grace to borrowers who recently purchased a home, but it comes with risks.
Despite rising home prices, demand for housing units outstrips supply.
Flowers is suing both Durosko and Peevey for these pranks, demanding compensation for their harmful acts, but that doesn’t tell the whole story.
The front end of the mortgage process is identified as a key entry point for fraudsters.
The legal battle between REX Home Loans (Real Estate Exchange, Inc.) and NAR continues to heat up, even though REX is reported to have shut down operations.
Mortgage originations declined from historically high volumes seen in 2021, reflecting an unwinding demand for refinances.