The transaction includes about 123 loans and is expected to close by August
Refi activity also rose to 46.6% of total mortgage applications from 45.4%
Originators won’t know exactly how much more work will be required of them until the regulation passes, according to one leading industry player.
With competition between small lenders and the big banks ramping up, it’s important for originators to brush up on their knowledge of the industry’s largest upcoming buying cohort: Millenials.
When one multi-state loan origination company went looking for a new loan origination system, the solution came in the form of a Black Knight.
Changes in currency exchange rates have made U.S. property less attractive to many foreign buyers.
Housing starts up almost 10 per cent in June… Southern Georgian Bay home sales set new all-time record… Hilary Swank seeks $20,000 a month for New York home…
The mortgage market is already preparing itself for the central bank’s eventual rate hikes, with mortgage rates hitting a nine-month high but originators shouldn’t fret.