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HECM Reverse Mortgage Changes

October 16, 2017 0

HECM Reverse Mortgage Changes As of October 2nd 2017, Reverse Mortgage experienced some drastic changes creating fear for many individuals who specialize specifically in Reverse Mortgage. Lenders received a letter from the U.S. Department of […]

Mortgage Origination

Mortgage Rates Soar over 4.1% After Trump Win

June 22, 2016 0

Mortgage Rates Soar over 4.1% After Trump Win There has been an increase of selling in U.S. Bond markets that has increased mortgage rates up-up-and away. We all knew the market was going to be more […]

Underwriting & Operations

Fannie Mae Overspending on New Headquarters

June 22, 2016 0

Fannie Mae Overspending on New Headquarters Luke Osborne November 14, 2016   Article from Daniel Goldstein with Market Watch- http://www.marketwatch.com/story/fannie-maes-new-headquarters-deemed-too-lush-for-troubled-agency-2016-06-16 Fannie Mae might need to take its own advice: You shouldn’t buy more home than you can afford. A […]

Underwriting & Operations

Quicken Loans Underwriting Lawsuit

June 22, 2016 0

Quicken Loans HQ Underwriting Lawsuit – Detroit Luke Osborne November 14, 2016     And so the finger pointing begins. Underwriter: “They made me underwrite loans I didn’t feel comfortable and gave me big bonus to […]

Underwriting & Operations

Is It Time To Grow The Mortgage Credit Box? (Mortgageorb)

June 22, 2016 0

Is It Time To Grow The Mortgage Credit Box?(Mortgageorb) Luke Osborne November 14, 2016   Mortgage foreclosures and delinquencies keep hitting new lows – something that ought to elate both lenders and borrowers. But are we […]

Branch Manager

Is the Housing Bubble About to Pop or Stabilize?

June 22, 2016 0

Is the Housing Bubble About to Pop or Stabilize? Luke Osborne November 14, 2016     Well, it could finally be here. The time the housing bubble could pop. The time that easy Refinance Business will […]

Underwriting & Operations

Fannie Mae Overspending on New Headquarters

June 22, 2016 0

Fannie Mae Overspending on New Headquarters Luke Osborne November 14, 2016   Article from Daniel Goldstein with Market Watch- http://www.marketwatch.com/story/fannie-maes-new-headquarters-deemed-too-lush-for-troubled-agency-2016-06-16 Fannie Mae might need to take its own advice: You shouldn’t buy more home than you can afford. A […]

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  • HECM Reverse Mortgage Changes As of October 2nd 2017, Reverse Mortgage experienced some drastic changes creating fear for many individuals who specialize specifically in Reverse Mortgage. Lenders received a letter from the U.S. Department of [...]
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  • 44 Mortgage Lenders get Warning Letters from HMDA: Reporting Failures Luke Osborne November 14, 2016   No one likes getting a letter in the mail telling them to shape up. That very thing happened with 44 [...]