A&D Mortgage, a wholesale lender specializing in non-qualified mortgages (non-QM), has recently procured licenses to initiate loan operations in the states of Arkansas and Mississippi.
While the reverse mortgage sector may be limited in its control over interest rates, it possesses a wealth of marketing strategies, as noted by Chris Moschner. Please keep in mind the name of the source should not be mentioned.
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.
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.
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.
Haddad, who is part of AIME, will concentrate on engaging retail loan officers for the brokerage sector.
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.
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.
A group of ex-employees from Live Well have asserted they experienced unjust dismissal after the unexpected shutdown of the company in 2019.
The wholesale lending entity will integrate the LoanPASS system for product and pricing into its functions related to reverse mortgages.