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  1. VA plans rule change to fight loan churning

    ... program that are intended to curb the predatory, rapid-fire refinancing practice known as “churning,” which has surfaced over the past ...

    Mortgage News Ticker - 2018-01-14 11:20

  2. Bipartisan Bill Seeks Crackdown on VA Loan Churning

    ... “churning,” a process that results in repeated home loan refinancing that generates fees and profits for lenders at the direct expense ...

    Phil Hall - 2018-01-12 12:10

  3. News From NAMB: December 28, 2017

    ... taking them out even though it may stop them from selling or refinancing, something borrowers may not be aware of .  Federal ...

    John Councilman - 2017-12-28 17:59

  4. A Message From Florida Association of Mortgage Professionals President Kimber White, CRMS

    ... that is being shined on the age-old issue of retail refinancing of mortgage broker-originated loans.   For a variety of ...

    Kimber White - 2017-12-27 10:02

  5. News From NAMB: December 15, 2017

    ... year, Ginnie Mae has experienced an exceptional amount of refinancing that is costly to GNMA investors.  The problem has been especially ... months.  It appears the biggest problem was Ginnie issuers refinancing their own loans.  Veterans were set in at a higher rate, then ...

    John Councilman - 2017-12-15 12:16

  6. Less Mortgage Applications, More Accord on Valuations

    ... for a mortgage. If an appraisal is lower than expected when refinancing, the homeowner will need to bring more funds to closing, or might ...

    Phil Hall - 2017-12-13 10:46

  7. A Message From Florida Association of Mortgage Professionals President Kimber White, CRMS

    ... that is being shined on the age-old issue of retail refinancing of mortgage broker-originated loans.   For a variety of ...

    Kimber White - 2017-12-07 16:29

  8. Lender Competition Heats Up for Refi Deals

    Refinancing activity has typically been a steady source of business for ...

    Mortgage News Ticker - 2017-12-06 12:15

  9. Mortgage Applications Up by 0.1 Percent

    While the nation was getting ready in advance of this week’s Thanksgiving holiday, mortgage application activity managed to record a very slight rise.
     

    Phil Hall - 2017-11-22 11:53

  10. News From NAMB: November 17, 2017

    ... have been hit hard by companies who talk the veteran into refinancing within a few months where the veteran may take as much as 6 years ... out pacing purchase mortgages.  It almost seems as though refinancing has become the great American pastime.  With companies advertising ...

    John Councilman - 2017-11-17 16:30