Industry News
Coming Up:
Bank of America Loan Targets Black, Hispanic Homebuyers
Community Affordable Loan Solution for first-time homebuyers offers zero down-payment, zero closing-cost mortgage.
Mountain West Financial Exits Wholesale Lending
Notice posted to company website offers no explanation for decision.
Impac Mortgage At Risk Of Delisting From NYSE
Exchange tells mortgage lender it no longer meets listing standards.
A Look Into The Future
What can we expect for the next six to 12 months?
Mortgage Loan Officer Charged In $10M Mortgage Fraud Scheme
Along with two real estate agents, MLO submitted false info for 30 properties.
Mortgage Lenders Seeking To Serve Banks, Credit Unions
Partnership will provide digital home loan process to bank customers and credit union members.
Reverse Mortgage Boom
Seniors have a lot of equity in their homes, but not a lot of cash in their pocket making the reverse mortgage more attractive.
The Fed Plans To Raise Rates 'Until The Job Is Done'
The Fed’s primary goal is to reduce inflation, although this may “bring some pain to households and businesses.”