Orest Tomaselli of CondoTek explains how sweeping changes by the GSEs as a result of the Champlain Towers tragedy have altered how lenders evaluate borrowers seeking condo and co-op properties.
Read More »Churchill Mortgage Names Kelly Lee Senior VP of Production
Churchill Mortgage announced that it has continued its expansion across the Pacific Northwest with the appointment of Kelly Lee as Senior VP of Production for the Northwest region. ...
Read More »AFR Names Christopher Guerin EVP of Origination and Business Development
New Jersey-based lender taps 15-plus year industry vet for new leadership role expanding the company’s origination division and overall business development.
Read More »Mortgage App Volume Continues to Slide
With mortgage rates hitting the 5%-mark, potential buyers have tapped the brakes on home purchases as application volume dives yet again.
Read More »Refi Volume Falls to Three-Year Low
With mortgage rates jumping for four consecutive weeks, overall mortgage application volume continues to suffer, dropping 6.3% over the previous week.
Read More »Hike in Rates Drives Down Mortgage Apps
Overall purchase and refi application volume has dropped week-over-week, as rates jumped following a three-week stretch of stability.
Read More »Eye on the Industry: Updates on NewDay USA, Ellie Mae, and More
From data on VA loans to new technologies, get the latest buzz on the industry here.
Read More »Mortgage Loans Closing Faster
One factor in particular might be helping lenders reduce their closing time on loans. But what is ensuring that the closing rates remain high?
Read More »Homebuyers Get a Spring in Their Step
Here are the mortgage trends that are likely to see more homebuyers locking in their property this spring season, according to an analysis.
Read More »Implementing Regulation for Independent Mortgage Banks
A white paper laid the groundwork for housing finance policies for independent mortgage banks that can ultimately benefit low- and moderate-income homebuyers. Here’s what it recommended.
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