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
Eager to close sales on time, agents often help with home improvement projects, which may have unforeseen repercussions in California.
Financial markets have stopped their hysterics for now, so let’s get some other things straight, like mortgage and credit.
While other home builders praise the new standards, the founder of Toll Brothers says it’s “a really dumb ass idea.”
Three million dollars will barely buy you a place in Manhattan, but in Detroit it will get you thousands of homes.
The accusations against the largest U.S. nonbank servicer may put it in jeopardy with other regulators and threaten a pending multi-billion dollar deal.
It may have been a while coming, but the regulator has finally spelled out a number of changes to its rules, including QM loan requirements.