Norcom Cares Raises Nearly $30K at Golf Fundraiser

NationalMortgageProfessional.com

May 25, 2018

The Fourth Annual Norcom Cares Golf Tournament was recently held at the Golf Club of Avon in Avon, Conn., with 100 golfers in attendance and more than 40 sponsors contributing to the cause. All participants enjoyed a perfect day as the

organization raised $28,000-plus for local and national charities. Norcom Cares works to give back to the communities it serves by supporting organizations and events such as Relay for Life, Big Brothers Big Sisters, Habitat for Humanity, the Red Cross, Walk MS and many others.

“The Norcom Cares Team is beyond appreciative of all the support we received through this event,” said Norcom Owner and CEO Phil DeFronzo. “As the biggest fundraiser of the year, the golf tournament funds the majority of our charitable giving. It has been encouraging to see how much it has grown over a few short years. We look forward to next year’s tournament being even more of a success as we continue to be an influence within our local community and to support causes that are important to the many employees at Norcom Mortgage.”

Link copied

Published

May 25, 2018

Analysis and Data

Mortgage Rates Decline After 3 Weekly Increases

The 30-year fixed-rate mortgage averaged 6.71%, down 8 basis points from the previous week.

Mortgage rates slipped back just a bit this week after three straight increases, Freddie Mac said Thursday. According to its Primary Mortgage Market Survey (PMMS), the 30-year fixed-rate mortgage (FRM) averaged 6.71%, a drop of just 8 basis points from the previous week. “...

Regulation and Compliance

5 Federal Agencies Propose Guidance For ROVs

Addresses reconsiderations of value (ROV) for residential real estate transactions.

Five federal regulatory agencies on Thursday jointly requested public comment on proposed guidance addressing reconsiderations of value (ROV) for residential real estate transactions.  The five federal agencies that jointly issued the request include the: Board of G...