Mortgage Industry News
UWM Continues To Lead The Market Forward With Major Enhancement To Safe Check Program
PONTIAC, January 18, 2023 – United Wholesale Mortgage (UWM), the #1 overall lender in America, announced it has enhanced its Safe Check program, initially launched in October 2022, to provide loan officers more certainty and confidence to pull valid pricing. Now,...
What is mortgage insurance?
Source: Insurance Business Mag --- Lenders typically require home buyers to provide a down payment equivalent to 20% of the property’s purchase price to qualify for a loan. This amount, however, which can easily hit upwards to the tens to the hundreds of thousands of...
How lenders can improve business models in 2022
Source: Housing Wire --- HousingWire: Between interest rate hikes, tight housing supply and geopolitical uncertainty, many industry professionals are feeling the pressure of a volatile housing market. Why is now a good time for lenders to focus on improving aspects of...
The Housing Market Is Showing Signs of a Correction: What This Means for Buyers and Sellers
Source: Realtor --- Cracks are beginning to appear in the red-hot housing market. Spiraling mortgage rates on top of record-high and still-rising home prices are leading many experts to predict the real estate market is on the verge of a correction—if it isn’t already...
New Home Mortgage Applications Dip 10.6 Percent in April
Source: World Property Journal --- Based on the Mortgage Bankers Association's latest Builder Application Survey data for April 2022, U.S. mortgage applications for new home purchases decreased 10.6 percent compared to a year ago. Compared to March 2022, applications...
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
