Billion-Dollar Loan Officer Shares Path to Success
For the mortgage industry, 2021 was something of a feeding frenzy. Both refinances and new purchase loans broke records as ...
Tag: Financing
Rocket Companies to Acquire Personal Finance App, Truebill
Rocket Companies recently announced it has entered into an agreement to acquire Truebill, a personal finance app that helps consumers ...
New-Home Mortgage Applications Down 2.2% in November
Mortgage applications for new-home purchases decreased 2.2% YoY, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data ...
Inflation Is Back in a Big Way: What That Means for Borrowers and Mortgages
(TNS)—Inflation hit 6.8% in November, its loftiest level since the long-ago era of Reaganomics and America’s war on inflation. If ...
Mortgage Rates Inch Up Following Fed Policy Changes
The 30-year fixed-rate mortgage (FRM) averaged 3.12% for the week ending Dec. 16, according to Freddie Mac's latest Primary Mortgage ...
Freddie Mac: Mortgage Relief Options Available for Those Affected by Tornado Outbreaks
Freddie Mac recently reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak ...
Non-Profit Bidders Buy More Than 800 Mortgage Notes at HUD Vacant Loan Sale
The U.S. Department of Housing and Urban Development's (HUD) Office of Asset Sales recently announced that 23 mission-driven non-profit organizations successfully ...
September Saw Decreases in Delinquencies Across the Board
In September, 3.9% of all mortgages in the U.S. were 30 days or more past due, with some in foreclosure, ...
Rate Locks Down in November, Refinance Mix Lowest Since June 2021
Overall rate locks decreased 4.7% from October, primarily driven by a 9.4% dip in rate/term origination activity, according to the ...
Mortgage Credit Availability Dipped in November
Mortgage credit availability was down in November according to the Mortgage Bankers Association (MBA) Mortgage Credit Availability Index (MCAI). The ...
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