New York City says lenders and servicers are allowing abandoned homes to become havens for squatters, drugs and sex
Multiple sources say the scandal-plagued bank has been putting out feelers to replace Tim Sloan in the top spot
Commissions may not be the highest in these regions, and with suspect job growth expected, originators in these cities may continue to struggle to earn their commissions.
A recent national survey shows that while almost two-thirds of millennials feel they don’t have enough for the typical down payment for a home, more than half plan to be homeowners within two years.
New home mortgage applications down… Super-jumbo mortgages increase… No rentals in Manhattan… Maryland housing market strong in May…
Despite three major banks ratcheting down on their mortgage servicing portfolios, two others have stepped in to fill the void, according to recently released statistics on mortgage market share.
It’s a trend that seems negative at first, but originators should welcome a forecast calling for a shift toward smaller, more affordable homes.
Have you ever had that thought when you know you should have made the sale but somehow they decided not to go ahead with you?