Wells Fargo offered more details about its approach to downsizing its involvement with mortgages during its earnings call, which revealed that its profitability has been halved compared to last...
Read MoreFederal Home Loan bank advances are a popular option for banks facing falling reserve balances, a recent survey from the Federal Reserve found.Among banks that are members of the...
Read More“Dominate The One’s” was born out my appreciation for a tactic that was taught to me some 32 years ago and my frustration with how we in sales try...
Read MoreThe Department of Housing and Urban Development is taking tangible measures to wrangle appraisal bias by giving Federal Housing Administration loan applicants the opportunity to challenge a property valuation.It...
Read MorePerforming mortgage notes vs. nonperforming mortgage notes If you’re a real estate investor, you might be interested in learning about performing Mortgage Notes and nonperforming notes. These two types of...
Read MoreMarket Financial Solutions (MFS) has chosen One Mortgage System (OMS) as its primary origination platform partner. The partnership will help landlord and broker interaction and will provide a platform to...
Read MoreLSL has sold Group First – which comprises Mortgage First and Insurance First – and RSC New Homes to Pivotal Growth. Both firms specialist in the new-build sector. Pivotal Growth was...
Read MoreJanuary 13, 2023 If you want to build a home from the ground up using an FHA One-Time Close Construction Loan, there’s good news for you in 2023. Your buying...
Read MoreMonthly construction output is estimated to have flat growth (0.0%) in volume terms in November last year, the Office for National Statistics reveals. The latest data follows a downwardly revised...
Read MoreNewcastle Intermediaries has launched a range of 60% and 80% loan-to-value (LTV) two-year fixed-rate mortgage products. A two-year fixed rate at 4.75% (5.0% APRC) up to 80% LTV has an...
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