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LOs explain how poor communication harms broker partnerships

National Mortgage
Mortgage Finance
1 year ago

Strong working relationships between loan officers and real estate agents are key, with each referring clients to the other. But,.. Read More;

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Bank of America to buy $990M in multifamily loans from HomeStreet

National Mortgage
Mortgage Finance
1 year ago

Bank of America Corp. agreed to buy about $990 million of multifamily commercial real estate loans from HomeStreet Inc., a,.. Read More;

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Inside Loandepot's plan to settle data breach claims

National Mortgage
Mortgage Finance
1 year ago

A pending agreement between Loandepot and class action plaintiffs to resolve data breach claims is more nuanced than its $25,.. Read More;

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Outlook 2025: What will the FOMC do?

National Mortgage
Mortgage Finance
1 year ago

“It's going to be a tough balancing act,” said Steve Skancke, chief economic advisor at Keel Point. “They want to,.. Read More;

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Mortgage rates approach end of 2024 with a surge

National Mortgage
Mortgage Finance
1 year ago

Mortgage rates headed upward over the Christmas holiday week, running counter to Federal Reserve policy that might suggest movement in,.. Read More;

post

Brokerage CEO denies kickback scheme with Rocket

National Mortgage
Mortgage Finance
1 year ago

The Mitchell Group was going to settle accusations that it participated in an alleged kickback scheme with Rocket Homes by,.. Read More;

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Say what? Homebuyers' unusual property search terms

National Mortgage
Mortgage Finance
1 year ago

In September, Zillow came out with an enhanced natural language search feature for potential homebuyers.As a result, it was able,.. Read More;

post

Five monetary policy developments to watch in 2025

National Mortgage
Mortgage Finance
1 year ago

In his December press conference, Federal Reserve Chair Jerome Powell said the central bank was embarking on a "new phase",.. Read More;

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Banks sue Fed over stress tests

National Mortgage
Mortgage Finance
1 year ago

The Marriner S. Eccles Federal Reserve building in Washington, DC, US, on Monday, March 13, 2023. US authorities took extraordinary,.. Read More;

post

LO's class action seeks unpaid OT wages from PNC Bank

National Mortgage
Mortgage Finance
1 year ago

A former PNC Bank loan officer is suing the bank for wage claims for damages allegedly exceeding $5 million. Alla Gurevich,.. Read More;

post

Jobs, rates and insurance influence Freddie's 2025 outlook

National Mortgage
Mortgage Finance
1 year ago

Freddie Mac's latest economic forecast, while noting the policy uncertainty in the market right now, still calls for the Federal,.. Read More;

post

Why mortgage performance's slow deterioration has nuance

National Mortgage
Mortgage Finance
1 year ago

Suspensions and arrears on mainstream mortgages hit relatively high levels for the year, which suggests alignment in the two indicators,,.. Read More;

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