Larry Gonzales Aligned Mortgage No. 1 Top Veteran Originators (2019)

Larry Gonzales, who is Scotsman Guide’s first Top Veteran Originator by dollar volume, had a humble request when it came to his Featured Top Originator interview — that it didn’t cut into his surfing time. “I try to get out there two to three times a week,” Gonzales said with a laugh. “I mean, I’m […]

Originations outlook is rosy despite a pandemic-driven slump

It seems like just yesterday that the U.S. economy was enjoying record-low unemployment, rising wage growth and upbeat consumers comfortable with their spending habits. With steady interest rates averaging less than 4%, the mortgage industry also was celebrating early this year, and purchase and refinance applications were consistently outpacing levels from a year earlier.  The […]

Brace yourself for a forbearance shock

One of the breathtaking statistics to come out of the coronavirus pandemic is the sheer number of U.S. homeowners who have requested mortgage forbearance. As of mid-May 2020, more than 4.2 million homeowners had entered plans to postpone their payments, or about 8.4% of all U.S. mortgages, according to the Mortgage Bankers Association (MBA). With […]