“Thomas Yoon Takes the Helm of Wholesale Lending: A New Era in Home Financing”
The past president of EQA Mortgage is now applying his proficiency to the specialized non-QM unit of Summit Funding.
“FOA Increases Blackstone’s Borrowing Limit to a Whopping $85 Million: A Deeper Look”
FOA, a foremost provider of reverse mortgages, expressed gratitude towards Blackstone for their sustained backing. It came as the industry sets its sights on forging a fresh trajectory in 2024.
“Deciphering Mortgage Rates: A Blend of Data and Insight for Couple Homebuyers”
Welcome to the recently launched Mortgage Rates Center, an invaluable tool for housing industry professionals. This platform provides access to current mortgage rate data and crucial insights to aid comprehension and facilitate informed decision-making.
“Understanding the New Era: Tightened Residential Mortgage Lending Standards According to the Federal Survey”
Anticipations are high within banking institutions for a surge in the demand for mortgages projected to span across the entire loan spectrum in 2024. This surge is largely attributed to predicted reductions in the rates.
“Revolutionizing Mortgage Industry: Insellerate Debuts Innovative User Interface”
Insellerate, a provider of customer relationship management solutions, has recently redesigned its user interface (UI) to enhance user experience and increase efficiency.
“First National Bank of Pennsylvania Reaches $13.5M Settlement on Redlining Allegations: An In-Depth Analysis”
The grievance asserts that FNB did not offer mortgage services primarily to African American and Hispanic communities located in the cities of Charlotte and Winston-Salem in North Carolina.
“Empowering Consumers Through Education: A Closer Look at Wire Fraud Mitigation Strategies”
Mitigating wire fraud in the real estate sector primarily revolves around enlightening consumers, who account for 10% of fraud victims.
“New Era for OneTrust Home Loans: Former NewRez Executive Steps in as CEO”
James Hecht will concentrate his efforts on broadening the scope of the company’s decentralized retail operations and collaborative venture sectors.
“Breaking Barriers: Mortgage Rates Hit 7% for the First Time Since Last December”
On Monday, mortgage rates crossed the 7% threshold, propelled by robust economic figures and indications that the Federal Reserve will proceed cautiously with any reductions.
“Ex-Executive Battles Guild for Allegedly Withholding $750,000 in Compensation: An Inside Look”
In 2021, James Seely, a seasoned executive in the mortgage industry, became a part of Guild after the company procured Residential Mortgage Holdings.