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%
Recently, there has been speculation that a grace period may be given to the industry for the implementation of the TILA-RESPA Integrated Disclosure rules. Even though the industry has had nearly two years to make these adjustments, should we still get a grace period?
In light of recent mortgage interest rate decreases, the population of potential refinance candidates currently sits at 7.1 million, according to new Black Knight Financial data, unless rates begin to climb.
Since banks have been reducing their production, specialized non-bank companies have been stepping in and their share of mortgage lending is soaring.
First-time homebuyers lead the surge in its mortgage production last month with over 50% of its purchase volume going to the group.
Depending on where you live, you could be making thousands more a year. How does your salary stack up to other loan officers in the United States?
Scammed! Homeowners lose out to fraudsters… Flood insurance premiums higher as from this month…N.Y. penthouse discounted by $14 million…