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Direct mortgage lender is expanding and seeking to hire branch managers and loan originators

Integration reduces paperwork and decreases cost to produce loans

Rents are up, but buying that first starter home was cheaper in most large metro areas.

After declining in December, sales of existing homes rose 6.7% in January, despite housing inventory being at an all-time low.

Fitch Ratings assigned its expected ratings to COLT 2022-2 Mortgage Loan Trust, which consists of 60.9% non-QM loans and less than 1% are qualified mortgage.

SitusAMC promoted Joe Salmons and Rob Dace to the roles of senior vice president, sales and associate vice president, sales, respectively.

Black Knight says that with rates rising to levels not seen since May 2019, millions of borrowers are losing 'rate incentive' to refinance.

Its Economic & Strategic Research Group says rising mortgage rates and even higher home prices will limit affordability.

The pandemic has left its mark on nearly every industry, either for better or for worse, and consumer lending is no different.

The mortgage industry is continuing to embrace newer technology, and that includes the banking side as well.