Mortgage Industry News Archives - Page 10 of 17 - BuyOrSellYourHome.com

Category: Mortgage Industry News

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“Unveiling the Controversy: Online Lender Faces Allegations for Deploying Unlicensed Loan Originators”

Connecticut’s Department of Banking has issued a temporary stop work directive to LoanSnap. The order was given in response to allegations of mortgage creation operations conducted without the requisite licensing.

“Anticipating the Rise: Mortgage Rates Increase Prior to FOMC Meeting”

Mortgage rates have seen a semblance of stability in the previous week, however, they continue to hover around the tight spectrum that’s been consistent since the month’s beginning.

“Revolutionizing Agriculture: Matt Van Fossen’s Innovative Farm-to-Table Programming Approach”

With leadership roles in a technology firm, a mortgage enterprise, and an advocacy group, Matt Van Fossen offers a distinctive perspective on the integration of technology. This unique viewpoint stems from his simultaneous involvement in these diverse sectors.

“Jonathon Haddad Steps Up as the New CEO and Chairman of AIME: A Closer Look”

Haddad, who is part of AIME, will concentrate on engaging retail loan officers for the brokerage sector.

“Unveiling the Mission Index: Fannie Mae and Freddie Mac’s New Approach to Promote Affordable Housing”

The Government Sponsored Enterprises (GSEs) have unveiled an overhauled “Mission Index”. This innovative tool aims to modernize and broaden their framework for single-family social bonds.

“Exploring Fannie Mae’s Recent Updates: The $2,500 Temporary Credit and HomeReady Changes”

One more action that the GSE implemented was improving the best efforts commitments associated with HomeReady. The source of the information, such as Realtor.com, should not be mentioned in this summary.

“Final Approval Granted: The Journey of Former Live Well Employees’ Class Action Settlement”

A group of ex-employees from Live Well have asserted they experienced unjust dismissal after the unexpected shutdown of the company in 2019.

“SmartFi Teams Up with LoanPass: A New Era in Reverse Wholesaling”

The wholesale lending entity will integrate the LoanPASS system for product and pricing into its functions related to reverse mortgages.

“TD Bank Unveils $10B Investment Initiative for Affordable Homeownership: A Three-Year Plan for Change”

The financial commitment constitutes 50% of the bank’s triennial Community Impact Plan, which was made public on Wednesday.

“Exploring the Future of Trade-In Mortgages: A Deep Dive into Calque’s January Demo Day”

Calque delivers a streamlined ‘purchase prior to selling’ service for lenders, offering more efficiency and affordability than rival alternatives. Obtain a higher number of successful contracts using Calque’s services, which enable your clients to propose non-subject-to-sale offers, rid their DTI of their existing house, utilize their equity for a down payment, and secure a fallback offer should their house fail to sell. Our universally accessible platform safeguards your regional alliances and guarantees that agents are able to continuously collaborate with their trusted loan officers.