Industry News
Coming Up:
UWM Rolls Out Jumbo Products, Including Prime Jumbo Max ARMs
UWM is entrenching itself in the Non-QM market despite investors shying away from Non-QM MBS packages.
Mortgage Originators Split On Impact Of 0.75% Rate Hike
NMP poll also shows pessimism about profits and refinancing business.
Freddie Mac 2Q Earnings Down 33% From Last Year
CEO calls results 'solid,' says GSE has built enough equity to withstand 'potential economic stress.'
Planet Home Lending Expands In Minnesota
New team in Minneapolis led by branch managers Robert Clausen and Quan Hargrove
Rate Hike Reax: Opinions Vary Over Impact On Mortgage Rates, Industry Job Market
Experts do agree there is much uncertainty about what the Fed will do next.
A Piece of The American Dream
What if someone told you you could buy the Brooklyn Bridge for $200? You probably wouldn’t bite, but what is someone told you that you could get in on a $1.2 million real estate deal in North Carolina for as little as $500? You might be interested, right?
Feds Penalize Trident Mortgage $22M For Deliberate Discrimination
Settlement is the first government resolution involving illegal discrimination by a nonbank mortgage lender.
Mr. Cooper Group Earnings Plunge 77% In 2Q
Earnings also down 65.6% from the same quarter last year.
Rocket Mortgage Introduces Rate Drop Advantage
Exclusive product, coupled with company’s existing RateShield program that locks mortgage interest rates for 90 days during home shopping, brings confidence to consumers.