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Coming Up:
Look Outside The Mortgage Business
When to seek inspiration from other industries
NMP
The New Commission Equation
Real estate rule changes open up new LO opportunities
NMP
Solid Third-Quarter Production For Planet Home Lending
CT-based lender reports $5.11 billion in residential originations, up 28% from the second quarter
Mortgage Market Consolidates As Volatility Heightens
Improved profitability expected for largest nonbank mortgage lenders — if higher origination volumes actually materialize.
Home Price Gains Slow In Third Quarter
Affordability is improving, the National Association of Realtors reports
Slower Home Price Gains Ease Affordability In California
CAR expects home prices to soften as inventory rises and competition cools
Lift In Homebuying Sentiment Likely Fleeting
Fannie Mae says boost to popular index arrived prior to recent jump in mortgage rates to 7%
FED Cuts Funds Rate By 25 bps
Federal funds rate lowered to a target range of 4.50%-4.75%.
Fastapp AMC Acquires Coast To Coast Appraisal Services
Coast To Coast Appraisals expands its footprint, while Fastapp claims New York