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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.

Industry News
Investor Loans
February New Home Sales Drop 2% from January

New home sale prices continue to show increases

Analysis and Data
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.'

Regulation and Compliance
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.”

Analysis and Data
Cherry Creek Mortgage Hires New IT VP

Paul Yarborough has over two decades of IT experience

People On The Move
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.

Analysis and Data
What’s In Your Origination Toolkit?

Make sure you’ve got expertise in more than standard plain-vanilla mortgages.

Sales and Marketing
What’s In Your Origination Toolkit?
NMP
Respect Different Perspectives

Keeping an open mind will also lead to keeping more clients.

Career
Respect Different Perspectives
NMP
Top 10 Bookkeeping Mistakes By Mortgage Brokers

Dollar for dollar, getting a handle on these is critical.

Operations
Top 10 Bookkeeping Mistakes By Mortgage Brokers
NMP
Rural Lending Covers A Lot Of Ground

Time to look at a different kind of farming system for originators.

Rural Lending
Rural Lending Covers A Lot Of Ground
NMP