“Rekindling the Market: A Surge in Mortgage Demand – Insights from the MBA Study”
Despite the initial increase in mortgage rates in early 2024, there was a notable rise in mortgage requirements following adjustment for the holiday period.
“Introducing Blue Sage Solutions’ Innovative Digital Servicing Platform for Mortgage Lenders”
Blue Sage Solutions, a firm specializing in software development, has introduced an innovative servicing platform. This novel platform effectively combines loan initiation and servicing activities via the use of technology based on APIs.
“Inside Track: CEO of CrossCountry Mortgage Discusses AmCap Acquisition and Future Goals”
CrossCountry Mortgage’s founder and CEO, Ron Leonhardt, sheds light on the process behind securing the deal with Amcap, a company based out of Texas, and shares insights into potential future business acquisitions.
“Former Wells Fargo and JPMorgan Executive, Mike Weinbach, Takes the Helm as President of Mr. Cooper”
Mike Weinbach, with previous leadership experience in the mortgage sectors at Wells Fargo and JPMorgan Chase, has been named as the new president by Mr. Cooper.
“Rocket Pro TPO’s Strategic Initiatives to Engage More Brokers by 2024: A Deep Dive”
The wholesale division of Rocket Mortgage, known as Rocket Pro TPO, is enthusiastically seeking to attract brokers through a variety of product improvements and services.
“HUD Empowers Communities with Over $40M in Housing Counseling Grants: A Comprehensive Overview”
The financial support allocated for HUD-approved organizations offering counseling services, particularly in the area of reverse mortgages, will see a significant increase in 2023.
“Exploring Reverse Mortgages as a Potential Solution for Long-Term Care Needs”
The high cost of extended care is undeniable. However, retirees could potentially find financial relief through the concept of reverse mortgages, as discussed by a financial consultant specializing in retirement planning.
“360training Acquires Mortgage Educators and Compliance: A New Era in Financial Education”
360training.com, Inc., a company that offers regulated training online, has recently purchased Mortgage Educators and Compliance, an organization specializing in mortgage lending training.
“CrossCountry Implementing FICO Score 10 T for Non-Conforming Loans: A Revolution in MBS Issuances”
Cross Country Mortgage has asserted that it’s the pioneer mortgage lender to pledge to the distribution of MBS purely grounded on FICO Score 10 T.
“Unraveling the Storm: Insight into Sitzer-Burnett Filing Deadline and Resulting Post-Trial Motions”
In the Sitzer commission lawsuit, both Keller Williams and HomeServices of America were quick to make several post-trial actions, which were submitted on Monday.