Freddie Mac reported a four-basis-point increase in the average 30-year fixed mortgage rate
The lender expects to close its latest purchase by March
The housing market recovery has shifted into a “higher gear,” according to one industry association that has ramped up its forecast for originations this year and next.
A great number of originators aren’t prepared for the upcoming TRID deadline, according to the results of a recent compliance training exercise.
The eClosing pilot program, designed to test the effectiveness of providing homeowners with electronic files to better understand their closing documents, and streamline the closing process, has found another mortgage partner.
Sales of single-family homes and condos have hit their highest level in nearly a decade, while distressed sales and sales to institutional investors have reached multi-year lows.
Summer buying season will be short says Redfin CEO… Cloud-based realtor moves into mortgages… Mortgage rates down says Freddie… Mortgage firm appoints new CFO…
The threshold for jumbo loans may be increased, with the deadline for that decision just around the corner, but how will that affect originator business?