Scammers Are on the Prowl
Rising interest rates provide more cover for cybercriminals
Residential Spotlight: Atlantic Region
East Coast states are holding steady despite headwinds.
John E. Bell III, U.S. Department of Veterans Affairs
VA loans emerge as attractive option in a shifting market
Ashley McKenzie-Sharpe, Neo Home Loans
No. 17 Most Loans Closed, No. 28 Top Women Originators
Fix-and-flip profits grew, but the trend bears watching
Rising interest rates, high home prices and weakening demand have caused the fix-and-flip market to slow, but it still had a strong showing in second-quarter 2022, according to Attom Data Solutions’ U.S. Home Flipping Report. From April through June, more than 115,000 single-family homes and condominiums were flipped, representing 8.2% of nationwide home sales. This…...
Seize the opportunity of newfound downtime
The mortgage industry has changed immensely in the past 12 months. As business has slowed down, many originators are faced with a sudden wealth of free time. After two straight years of constant hustle, it’s a strange and possibly scary change of pace. Mortgage experts predict the current high-rate market will roll over into 2023…....
Foreclosures could spike if dire predictions come true
Two converging trends could drive foreclosures in 2023. The first is a growing backlog of pandemic-era distressed properties that are no longer mitigated by foreclosure-protection laws, while the second is the growing risk of a housing and economic downturn that pushes more homeowners into distress. The COVID-19 pandemic did not trigger a massive surge of…...
A Storm Brews in Florida, Even After Hurricane Ian
The state’s mortgage market faces a litany of challenges exacerbated by extreme weather
Get Your Client in the Front Door
Non-QM products may be the best option for a generation of self-employed workers
It’s Time to Get Serious About Document Collection
Email poses too many risks when safeguarding your client’s personal information