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%
Open Mortgage founder and CEO Scott Gordon's new book covers the ins and outs of the reverse space, as well as the latest regulatory changes
MPA recently closed our first ever Originators on Lenders survey, where we asked you to let us know what your lenders were doing right – and what they were doing wrong
A report that shutting down Fannie and Freddie could save billions had MPA readers talking. Here's what they had to say
Applications dropped sharply last week, while refis hit their lowest level since 2008
Before the housing crisis, many originators were too comfortable with the old system. But has the pendulum swung too far in the other direction?
Despite the continued softening of consumer attitudes about housing, independent mortgage bankers saw a dramatic spike in volume in the second quarter