Notable mortgage industry hires and promotions, Sept. 6-10
Reading Time: 2 minutesNations Lending announced that Mike Towery has signed on as West Coast regional manager. Towery will… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Mortgage credit standards loosen as lenders increase refi, jumbo offerings
Reading Time: < 1 minuteWith lenders loosening their purse strings to fuel the midyear refinance surge, the Mortgage Bankers… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Cash-out refi volume, tappable equity make huge jumps in Q2
Reading Time: 2 minutesIt appears that U.S. homeowners are taking advantage of skyrocketing home values, with mortgage lend… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
FHFA announces new Equitable Finance Plan requirement for GSEs
Reading Time: 2 minutesThe Federal Housing Finance Agency (FHFA) has announced that Fannie Mae and Freddie Mac will be requ… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: New American adds refi option for low-income borrowers, Angel Oak opens four branches and more
Reading Time: 2 minutesNew American Funding has added a refinance option for low-income borrowers through a new program fro… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
After strong summer, August jobs report disappoints amid resurgent COVID concerns
Reading Time: 2 minutesThe August employment report painted a disappointing picture of U.S. job creation for the month, wit… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Notable mortgage industry hires and promotions, Aug. 30 – Sept. 3
Reading Time: 2 minutesThe Federal Housing Finance Agency (FHFA) named Laura Thrift as director of its office of congr… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Multifamily fundamentals are turning a corner
Reading Time: 3 minutesOn the back of a resurgent economy and solid employment gains, rents for U.S. multifamily housing are on the rise. The nationwide increase of 60 basis points in second-quarter 2021 marked the first gain in effective rents for more than a year, according to Moody’s Analytics Reis. Given a rosy economic outlook in the near […]
Would-Be Homebuyers Are Motivated but Disheartened
Reading Time: 4 minutesA year into the pandemic, survey data reveals the angst of many potential borrowers
Managing Your Pipeline Should Be a Priority
Reading Time: 4 minutesData can help identify the best leads and the most likely loans to close
