Mortgage Industry News
ATTOM: October’s Foreclosure Filings Up 6% from Last Year
Lenders repossessed 3,332 properties through completed foreclosures (REOs) last month. Continue Reading ATTOM: October’s Foreclosure Filings Up 6% from Last Year
FHA Seeks Input on Proposed HECM Program Update
The new proposal would enable certain categories of due and payable HECMs that were previously ineligible for assignment to be assigned to HUD. Continue Reading FHA Seeks Input on Proposed HECM Program Update
How Much Down Payment Is Required for a House?
Source: Nerd Wallet --- Coming up with enough cash for a down payment to buy a house can be the single biggest roadblock for prospective home buyers. But how much of a down payment do you really need? That depends on the type of loan, your lender and your priorities....
Best mortgage lenders of February 2023
Source: Bankrate --- When you set out to get a mortgage, you’ll find many options, from well-known banks to online lenders. Here are Bankrate’s picks for the best mortgage lenders, including borrower requirements — so you know which you might qualify for — and loan...
eMortgage, CRM, Cybersecurity, Analytics, Compliance Tools; More Correspondents Exiting, Lender and Investor Updates
Source: Mortgage News Daily --- “Where can you always find money? In the dictionary.” Plenty of lenders and finding the money to buy other companies while smaller ones are looking for the right buyer. Eat or be eaten seems to be the name of the game as lenders hungry...
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