Wells Fargo hints at how it will downsize its servicing portfolio

January 14, 2023by

Wells Fargo offered more details about its approach to downsizing its involvement with mortgages during its earnings call, which...

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Fed survey: Home Loan bank advances are popular liquidity fallback for banks

January 14, 2023by

Federal Home Loan bank advances are a popular option for banks facing falling reserve balances, a recent survey from...

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Mortgage pros, quit overcomplicating the task at hand

January 14, 2023by

“Dominate The One’s” was born out my appreciation for a tactic that was taught to me some 32 years...

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HUD proposes remedy to reduce appraisal bias

January 14, 2023by

The Department of Housing and Urban Development is taking tangible measures to wrangle appraisal bias by giving Federal Housing...

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Investing in Distressed Mortgage Notes

January 14, 2023by

Performing mortgage notes vs. nonperforming mortgage notes If you’re a real estate investor, you might be interested in learning about...

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MFS selects OMS as primary origination platform partner

January 13, 2023by

Market Financial Solutions (MFS) has chosen One Mortgage System (OMS) as its primary origination platform partner. The partnership will help...

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LSL sells two firms to private equity firm Pivotal Growth

January 13, 2023by

LSL has sold Group First – which comprises Mortgage First and Insurance First – and RSC New Homes to...

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FHA One-Time Close Construction Loan Limits Are Higher In 2023

January 13, 2023by

January 13, 2023 If you want to build a home from the ground up using an FHA One-Time Close Construction...

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ONS reports flat growth for monthly construction output in November

January 13, 2023by

Monthly construction output is estimated to have flat growth (0.0%) in volume terms in November last year, the Office...

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Newcastle Intermediaries adds range of 60% and 80% LTV two-year fixes

January 13, 2023by

Newcastle Intermediaries has launched a range of 60% and 80% loan-to-value (LTV) two-year fixed-rate mortgage products. A two-year fixed rate...

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