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