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Non-QM specialist Angel Oak Mortgage Solutions is the latest player in the space to cut a sizable chunk of its workforce amidst widespread market volatility. The company issued pink slips to 75 employees last week, […]
How do you refinance your mortgage?
December 13, 2022
Allen Santos
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Comments Off on How do you refinance your mortgage?
Source: CBS News — Refinancing your mortgage essentially means replacing it. You get a new loan, ideally one with more favorable terms, use it to pay off the old one, and voila — you’ve refinanced. […]
TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink
November 10, 2023
Mariel Alumit
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Comments Off on TransUnion: Q3 Mortgage Balances Up Slightly While Originations Sink
Total mortgage balances were up 3.2% during the third quarter while total mortgage origination plummeted by 36.5%, according to new data from TransUnion (NYSE: TRU). After recording a slight decline in the second quarter, mortgage […]