With the non-QM space booming, originators need to educate themselves about the products – or be prepared to lose business to their competitors
Customers will now be directed to a centralized call center
The increase was the lowest since November 2012 and is another indication that lending standards need to be loosened, says Shirmeyer.
The FHFA’s plan to buy mortgages with higher loan-to-values leaves less room for private capital in the market, according to the global rating agency.
The rash of suicides earlier this year sent a shudder through Wall Street, and now, after a calm summer, two prominent bankers have taken their lives.
On Tuesday, MPA ran a story headlined, "VA housing boom: Are you in?" This story was inadvertently credited to Rachel Norvell. The actual author of the story was Kenneth Harney of the Washington Post Writers Group. We regret the error.
The lender, which is being accused of backdating thousands of letters to struggling borrowers, said it was hiring an independent firm to investigate the delay of notices.
Without strong leadership, your business will continue to sit on top of a wealth of untapped potential. Karen Gately reveals how to inspire the best in your staff – not just aim for ‘ordinary’