Fairway Independent Mortgage Corp. has produced a three-part documentary series about its mortgage originators. “L.O. Confidential: A Season on the Street” follows three Fairway teams in Arizona, Indiana and Texas over several months. The episodes detail how the loan...
Anderson, South Carolina-based JZZ Technologies Inc. (OTC Pink: JZZI), a diversified company focused on real estate development and digital media, announced the closing of its acquisition of O2 Mortgage LLC, dba Oxygen Mortgage. Headquartered in Boulder, Colorado,...
Mortgage application activity inched up during the week ending Nov. 24, according to data from the Mortgage Bankers Association (MBA). The week’s results included an adjustment for the Thanksgiving holiday. The Market Composite Index, the MBA’s measure of mortgage...
The Federal Housing Finance Agency (FHFA) announced the conforming loan limit values for the mortgages on one-unit properties that Fannie Mae and Freddie Mac will acquire in 2024 will be $766,550, an increase of $40,350 from 2023. The FHFA adjusted the loan limit...
The Consumer Financial Protection Bureau (CFPB) has announced it is ordering Bank of America (NYSE:BAC) to pay a $12 million penalty for running afoul of the Home Mortgage Disclosure Act (HMDA) by submitting false mortgage lending information to the federal...
LendSure Mortgage Corp., a San Diego-headquartered non-QM wholesale lender, announced the launch of their new Profit & Loss (P&L) Loan Program. According to the company, the P&L Loan Program is designed for business owners and self-employed investors with...
Illinois Gov. Pritzker: Don’t Blame Me for High Property Taxes
