Go Mortgage, a Columbus, Ohio-based mortgage lending company, has hired Jessica Manna as its chief marketing officer. Manna has more thn 20 years of experience in mortgage marketing and branding. She most recently served as president of digital strategy and innovation...
Mortgage fees have become the focus of the mainstream media thanks to a policy change enacted by the Federal Housing Finance Agency (FHFA) to the pricing framework of Fannie Mae and Freddie Mac. Perhaps not surprisingly, different media outlets are offering different...
One of the most prominent thought leaders in the mortgage banking industry is complaining that politics is framing the narrative surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac that will...
The average payment on a new mortgage in the U.S. is currently at $2,317 a month, according to a new data study from LendingTree (NASDAQ:TREE). Within the states, average mortgage payments are most expensive in Hawaii ($3,696), California ($3,399) and Massachusetts...
Mortgage Bankers Association President and CEO Bob Broeksmit decried the glut of “misinformation” surrounding the changes in the Loan Level Price Adjustments (LLPAs) upfront fees for loans backed by Fannie Mae and Freddie Mac. The changes, which go into effect on May...
The 30-year fixed-rate mortgage averaged 6.43% as of April 27, according to Freddie Mac’s (OTCQB: FMCC) latest Primary Mortgage Market Survey. This is a rise from last week when it averaged 6.39%. A year ago at this time, it averaged 5.10%. The 15-year fixed-rate...
