The winning idea will be built into a Rocket Pro technology product and unveiled at RPX in Detroit
Tagged: Cash-Out Refinance
Six steps loan officers can take to uncover hidden opportunities and win more cash-out refinance business
ICE reports that a modest January drop in mortgage rates boosted refinancing eligibility to nearly five million homeowners and raised housing affordability to its highest level in four years, even as elevated prices and credit stress persist
Originations climb 5% YoY in Q1 2025 thanks to 44% refi leap, while home equity market sees strongest growth in three years
Originators finding more opportunities in investor-driven and self-employed borrower segments
Fannie Mae warns of multi-state, broker-led mortgage fraud linked with investment properties, a settlement company, multiple LLCs
Industry ‘awaits potential shifts in interest rates’ for increase in activity, MCT says
Optimal Blue's September 2024 Market Advantage mortgage data report cited the FOMC rate cut as the main trigger for activity
The FHFA has helped 6,299,035 homeowners avoid foreclosure since 2008.
With interest rates rising what does the future hold for the cash-out refi?