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Coming Up:
Just Pay Me, Already!
Everee: 6 in 10 mortgage pros are living paycheck to paycheck as the market continues to recede.
HUD Charges 7 Firms, 6 People In N.Y. With Mortgage Relief Fraud
Accuses them of tricking people of Caribbean heritage to forfeit title to their homes.
Housing Market Has A 6% Problem
Redfin says nearly everyone with a mortgage has a rate below 6%, so they're unwilling to sell.
Mortgage Application Volume? Crank It Up!
After 4 weeks of declines, volume jumped more than 7% last week.
Freedom Mortgage’s Stanley Middleman Buying Into MLB’s Phillies
He joins UWM’s Mat Ishbia, Rocket’s Dan Gilbert in pro sports owners’ suites.
Slip-Sliding Away: Mortgage Credit Availability Falls For 3rd Straight Month
Mortgage Credit Availability Drops Again, Leaving Borrowers High and Dry
Comerica Waves Goodbye to Mortgage Banker Finance Business
Says move will improve liquidity and loan-to-deposit ratio.
Annual Inflation Slows To 4% In May
Core inflation rose 5.3%, raising speculation the Fed will pause rate hikes in June but resume them in July.
2023 Legends of Lending
In this issue, we also introduce you to the Legends of Lending. These 19 men and women have each made significant contributions to the mortgage industry.
Mortgage Banker