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BMO Offering E-Closing For Refis

Offered only on loans secured by property in U.S. states & counties that allow it.

Tech
Mortgage Applications Post Nearly 30% Gain

Both purchase and refi applications spike as mortgage rates fell in second week of 2023.

Analysis and Data
The Racial Appraisal Gap Expands

Groundbreaking research shows bias in appraisals worsens every year.

Jan 17, 2023
NMP's Gated Communities
Jan 17, 2023
the interest
Homebuyers In Past 2 Years Don’t Regret Buying

LendingTree survey finds one in five have issues with appraisals, though.

Analysis and Data
How To Succeed In A Down Market?

Shashank Shekhar, CEO of Instamortgage, says three strategies will help originators succeed in today’s market.

Jan 17, 2023
NMP's The Principal
Fannie Mae Announces Results Of 28th Reperforming Loan Sale

The sale included approximately 10,100 loans totaling $1.9 billion in UPB, divided into five pools.

Investor Loans
Fannie Mae: Home-Price Growth Decelerated In 4Q 2022

Home prices in the quarter grew at 9.2% YOY, down from 13.1% YOY in the third quarter.

Analysis and Data
Legacy Bank and Trust Acquires Crain Mortgage Group

Missouri-based bank rebrands Dallas-based company as Legacy Capital.

Operations
FGMC Layoff Lawsuit Granted Class Action Status

A Delaware bankruptcy court judge certified the class, which includes 425 former employees.

Courts