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Coming Up:
Fitch Expects To Rate RUN 2022-NQM1 Trust
The residential mortgage-backed certificates are supported by 525 nonprime residential mortgages, with a total balance of approximately $331 million.
UWM Debuts Product For Real Estate Investors
Lender introduces Investor Flex, a debt-service coverage ratio (DSCR) allowing borrowers to use prospective income to qualify for loans on investment properties.
February New Home Sales Drop 2% from January
New home sale prices continue to show increases
PAVE Task Force Presents Action Plan On Appraisal Bias To Biden
Says the plan represents 'the most wide-ranging set of reforms ever put forward to advance equity in the home appraisal process.'
Mortgage Applications Down 8.1% In Weekly Survey
MBA economist: With mortgage rates now at 4.5%, “it is no surprise that refinance volume has dropped by more than 50% compared to this time last year.”
Cherry Creek Mortgage Hires New IT VP
Paul Yarborough has over two decades of IT experience
Independent Mortgage Bank Profits On Loans Fell Nearly 58% In 4Q 2021
The MBA study found that 76% of the firms posted a pre-tax net financial profit in the fourth quarter, down from 92% in the third quarter.
What’s In Your Origination Toolkit?
Make sure you’ve got expertise in more than standard plain-vanilla mortgages.
NMP
Respect Different Perspectives
Keeping an open mind will also lead to keeping more clients.
NMP
Top 10 Bookkeeping Mistakes By Mortgage Brokers
Dollar for dollar, getting a handle on these is critical.
NMP