The mortgage insurance premium cut starts today and HUD has issued a warning to lenders.
We all think we are in the "mortgage business" but the truth is that no one really wants a mortgage. No one I know will ever wake up in the morning and say "WOW - I want a mortgage"
In preparation for what it hopes to be a flood of new applications from the FHA premium cut, this mortgage company is planning to add as many as 500 new positions. Will others follow?
The launch of the regulator’s “Owning a Home” tool has caused uproar in the mortgage industry, and many claim the tool contradicts rules the CFPB already has in place.
Stearns Lending and a West Coast-based homebuilder have entered into an agreement to form a mortgage company set to be fully deployed by mid-2015.
The qualifying age to receive a reverse mortgage is growing by the thousands daily, but the industry is still battling misconceptions and only penetrating 2% of the current market. That’s where you can help. Take our short survey to tell us why you do or do not offer reverse products.