Tony Santangelo Takes On Wholesale Sales Role At Verus Mortgage Capital
Says one of his goals will be to help introduce the company to the mortgage broker community
New Models Rule The Real Estate Brokerage Business
Nation’s largest brokerages are ‘wild mix’ of traditional incumbents and new models
VA Loan Reform Bill Now Law
New law establishes permanent partial claim option for delinquent VA borrowers and codifies buyer agent commission flexibility
From Landlines to Leaderboards
A leading LO spotlight on Phil Crescenzo
NMP
Purchase Acquisitions Down $10B YoY, While Refis Up 74% For Fannie Mae In Q2
GSE’s liquidity, cost cuts, and credit quality hold steady even with sluggish spring market; regulatory capital still $29B too low
One In Eight Loan Files Contains Errors
Analysis finds error rates in mortgage files rose to 13.3% at peak, costing borrowers $7.8 billion over a decade
Mortgage Applications Hit Two-Month Low Amid Market Uncertainty
Both purchase and refinance activity fall, despite inventory increases in many areas
