The integration create a fully digital application process for borrowers
As the mortgage lender expands to California, a 35-year industry veteran joins the company as its new regional director
This is the number one reason why a good broker is essential in the loan process. The first rule of lending is, never put the borrower and the lender together.
As most people in the mortgage lending industry well know, the Dodd-Frank and the Consumer Protection Act have made it even more difficult for consumers to obtain loans by trying to “protect” them.
The performance of commercial mortgage debt on a national level does not often make news headlines, but a recent report by Bloomberg Businessweek indicates that the rate of delinquency on commercial property loans has greatly improved since April 2010.
Foreclosed homeowners aren't the only ones who have lost stratospheric amounts of equity in the past six years.
The inventory of new homes for sale reached its lowest level in 50 years, lower than existing homes, and pushed new home prices higher to drive the real estate market, according to Pro Teck’s October Home Value Forecast Update.
Average home prices increased by 0.9 percent for both the 10- and 20-City Case-Shiller Composites in August versus July and 19 of the 20 cities posted positive monthly gains in August. However, on a year-over-year basis, no market came remotely close to touching Phoenix’s 18.8 percent increase in prices.