Mortgage Originators - Real Estate Investor Pulse

When it comes to non-QM loans, focus on relationships, not rates

June 16, 2023 Mark Paul Cervantes Comments Off

There has been a seismic shift in the mortgage industry, and it has redefined how mortgage originators must approach the new market, as mortgage rates have more than doubled from their 2022 lows. Over the […]

Equifax Debuts Employment Verification Tool for Mortgage Originators

May 18, 2023 Mark Paul Cervantes Comments Off

“It’s critical for lenders to have access to timely verification data at each stage of the mortgage process,” said Equifax’s Ashley Wood, The post Equifax Debuts Employment Verification Tool for Mortgage Originators appeared first on […]

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 […]