Loan Origination (LOS) - Real Estate Investor Pulse

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[ October 26, 2024 ] Real Estate Developer Sentenced for Bribing Michigan Mayor Weely Real Estate News
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[ October 26, 2024 ] Feds Raid Home of Affordable Housing Developer Weely Real Estate News
[ October 26, 2024 ] Hits and Misses for the Real Estate Week of Oct. 21-25 Weely Real Estate News

How LOs, mortgage execs are preparing for 2024

December 30, 2023 kingstu Comments Off

After nearly two years of trudging through a frozen housing market, the consensus among mortgage professionals is that the worst of it is over. The Federal Reserve recently signaled plans to slash interest rates three […]

Why your LOS isn’t delivering a bespoke borrower experience (and what to do about it)

November 13, 2023 Allen Santos Comments Off

In the world of mortgage lending, there’s an all-too-common sentiment that echoes through the industry: “My loan origination system (LOS) sucks.” Regardless of the specific LOS in use, this feeling seems pervasive among lenders, and […]

Rocket lost money last year, so why are its shares up?

February 25, 2024 Comments Off

Rocket Companies, the parent of Rocket Mortgage, lost money in 2023, but executives have expressed confidence about a big turnaround by touting investment in artificial intelligence (AI) to accelerate the company’s profitability. Despite reporting […]

Industry experts are closely watching delinquency rates, insurance costs

February 25, 2024 Comments Off

Mortgage servicers, regulators and economists are closely watching the delinquency rates for Federal Housing Administration (FHA) loans following a spike in the fourth quarter of 2023. Industry experts say that although there’s a correlation […]

Jobs data sends mortgage rates higher

February 3, 2024 Comments Off

Today we got a jobs Friday hat trick! Better headline jobs were reported, with positive revisions and more robust wage growth, which caught bond traders off guard and sent bond yields and mortgage rates […]