Weely Real Estate News
Mortgage refinance options for borrowers with bad credit
The post Mortgage refinance options for borrowers with bad credit appeared first on Weekly Real Estate News.
Mortgage
Housing Wire
The CFPB puts mortgage comparison sites on notice
The Consumer Financial Protection Bureau (CFPB) is putting mortgage comparison sites on notice, laying out scenarios regarding how certain platforms could be violating the Real Estate Settlement Procedures Act (RESPA) section 8. If the mortgage […]
Housing Wire
Mortgage applications ticked up 7.4% during wild week in mortgage
During the week that mortgage rates very briefly touched down into the 5% range, mortgage applications increased 7.4%, according to the latest reading from the Mortgage Bankers Association. Still, mortgage demand is down 58% from a year prior. Mortgage […]
Housing Wire
Inside American Pacific Mortgage’s quest for expansion
Mortgage rates are on a declining trend, but don’t be fooled – the industry’s efforts to rightsize from a pandemic boom will continue through 2023. Up to 30% of the 1,000 largest independent mortgage banks […]
Housing Wire
Homelendia Mortgage launches mortgage brokerage franchises
Homelendia Mortgage LLC, a Florida-based mortgage brokerage franchisor, launched its mortgage brokerage franchises this week, offering individual unit and regional opportunities to qualified individuals, teams, brokerages and loan originators. According to a statement from the company, “Homelendia Mortgage will offer […]
Weely Real Estate News
Mortgage demand to hit 12-year low as high interest rates hammer borrowers
The post Mortgage demand to hit 12-year low as high interest rates hammer borrowers appeared first on Weekly Real Estate News.
Housing Wire
Could the assumable mortgage level the playing field?
California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions […]
Housing Wire
Snapdocs completes integration with Mortgage Cadence LOS
Digital closing platform Snapdocs announced on Tuesday that it has completed its integration with Mortgage Cadence, a cloud-based digital lending platform. This integration will enable lenders to finalize closing documents using Snapdocs within Mortgage Cadence’s […]
Housing Wire
Guild acquires small retail lender Legacy Mortgage
Acquisitive lender Guild Mortgage on Tuesday announced the acquisition of Legacy Mortgage, increasing its footprint in the Southwest. Publicly traded Guild is picking up Legacy’s 13 branches across four Southwest states – Arizona, Colorado, New Mexico […]
Housing Wire
Opinion: Why fintech “disruption” doesn’t work in mortgage servicing
America’s $13.3 trillion mortgage servicing sector shouldn’t be “disrupted” by financial technology, it should be reimagined with fintech. Most new-to-mortgage fintech folks who overuse the word “disruptor” will start by asking, “What are your requirements?” […]