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  1. The Money Source and Endeavor America to Rebrand as TMS

    The Money Source has announced that wholesale lender Endeavor America Loan Services ... One of the big plans that TMS said it will bring to market in early 2018 includes a total homeownership technology platform. ...   In addition, it is projecting that its servicing portfolio will grow by nearly 50 percent in 2018 and will reach more than $200 ... - 2018-01-09 11:04

  2. News From NAMB: December 28, 2017

    ... bond rating agency, Standard & Poors, claims the non-QM market will double or triple in 2018 .  One of the reasons non-QM is ... new programs, like the GOP tax cuts, unless there is enough money in the current year's budget to pay for them.  This freed President ...

    John Councilman - 2017-12-28 17:59

  3. News From NAMB: December 8, 2017

    ... credit pulls. And if one of your past clients is in the market for a purchase or refinance, UWM notifies you immediately and sends a ... back from retail mortgages since they can make so much more money in commercial banking.  That could all reverse dramatically if major ...

    John Councilman - 2017-12-08 15:57

  4. News From NAMB: October 13, 2017

    ... Top Story: National Flood Insurance Program is Out of Money! In an urgent letter to Vice-president Mike Pence, Mick Mulvaney, ... not to mention the effect of pushing GSE securities onto the market.  The Fed bought $7 billion in agency bonds and sold none last ...

    John Councilman - 2017-10-13 17:21

  5. News From NAMB: October 5, 2017

    ... less appraisers on their rosters, just what we need.  The money goes to the Appraisal Subcommittee, of course. VA Borrowers ... Procedures Act, has resulted in a confused, uneven market that actually narrows consumers' access to sustainable credit.”  The ...

    John Councilman - 2017-10-05 17:10

  6. News From NAMB: October 2, 2017

    ... repayment to the City of an amount equal to the current market value of the property, less actual borrower funds to acquire or improve ... society. This has denied many consumers access to useful, money-saving products… and products that suit their individual ...

    John Councilman - 2017-10-02 12:21

  7. Non-QM Borrowers Are Diverse and Able to Pay

    ... many as 15 million Americans–many of them victims of the market collapse almost 10 years ago–continue to be penalized for being caught ... estate, so he decided to purchase a $500,000 home for no money down on a five-year ARM. The way prices were rising, he planned to either ...

    Tom Hutchens - 2017-09-04 09:32

  8. News From NAMB: August 18, 2017

    ... not be long for this business.  You may be able to play the market by holding for a little while, then selling, but that is very risky.  ... home they were purchasing.  The title company received the money and all was OK until the couple received a 2nd email that used the name ...

    John Councilman - 2017-08-18 13:10

  9. Altisource Announces Expansion of its Vendorly Platform, Collaborating With Secure Insight

    ... now available to the broader mortgage and community bankers market outside of the Lenders One network. The Vendorly platform is designed to ... and give lenders greater comfort in the protection of their money, documents and consumer data at each closing.   “Our ... - 2017-05-04 14:17

  10. News From NAMB: March 24, 2017

    ... dipped slightly again but still make up 45.1% of the market.  ARMs were the big newsmaker, rising to 9% of the market, the highest ... does not refer to brokers but to those who do not intend to portfolio the mortgage, i.e. nearly everyone.  They determined the cost of ...

    John Councilman - 2017-03-24 11:09