HUD announces cuts to annual mortgage insurance premiums for FHA loans
Reading Time: 3 minutesMove meets praise from industry groups that have long called for MIP reductions
Existing home sales drop for 12th straight month in January
Reading Time: 2 minutesIs the residential sales market finally bottoming out?
Mortgage originators optimistic about next six months, according to newest Scotsman Guide sentiment survey
Reading Time: 2 minutesTop industry professionals encouraged by recent market developments
Industry Watch: APMC and TSM merge, rebranded TrustEngine bets on borrower intelligence and more
Reading Time: < 1 minuteAmerican Portfolio Mortgage Corp. (APMC) and Town Square Mortgage (TSM) announced a merge… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Housing starts slow out of the gate to kick off 2023
Reading Time: 2 minutesHigh interest rates persisted in holding down residential construction activity in January, with U.S… 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, Feb. 13-17
Reading Time: 2 minutesRocket Companies announced that Bill Emerson will serve as interim CEO while the board of directors … Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Rocket Companies CEO Farner to retire this summer
Reading Time: 2 minutesRocket Companies is looking at a leadership transition in the summer after longtime CEO Jay Farner a… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Black Knight: Rate lock activity finally turns corner in January
Reading Time: 2 minutesWith interest rates trending down, the dollar volume of mortgage rate locks grew by 32% from Decembe… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Commercial originations slide in Q4 with further slippage expected this year
Reading Time: 2 minutesCommercial and multifamily loan originations saw further slippage in the fourth quarter of 2022, wit… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
Industry Watch: Rocket debuts “Bully Shield,” Guild acquires Legacy Mortgage and more
Reading Time: < 1 minuteRocket Pro TPO announced a new initiative, dubbed “Bully Shield,” which will cover financial pe… Continue reading this article with a Scotsman Guide subscription Limited-time offer $4.59/week SUBSCRIBE NOW Already a subscriber? Log in
