Mortgage Industry News
Mortgage market slumps – is this the solution to boost business?
Source: MPA Mag --- Amid a sluggish housing market with a backdrop of inflation, marketing has gained heightened importance as brokers struggle to differentiate themselves in the industry. Now, one marketing expert offers advice on how to go about it. Natalie Mullen...
Mortgage Applications Increase After Dip in Mortgage Rates
Source: Mortgage Orb --- A decrease in mortgage rates resulted in mortgage application volume increasing 2.2% during the week ended November 18. According to the Mortgage Bankers Association’s Weekly Applications Survey, applications for refinances increased 2%...
Texas mortgage assistance program opens for statewide applications
Source: KERA News --- State officials have rolled out a "Texas Homeowner Assistance Fund" that is designed to help homeowners who’ve fallen behind on mortgage payments and other housing costs during the pandemic. The program has about $700 million in federal funds...
Crypto mortgage lenders are entering the hottest housing market ever
Source: Fortune --- When Chris Matta wanted to buy a condo in Jersey City three years ago, he ran into a problem. Matta, 32, had just left a job as vice president at Goldman Sachs to start Crescent Crypto, a crypto asset management firm, and most of his net worth was...
Mortgage insurance explained (Podcast)
Source: The Mortgage Reports --- Mortgage insurance basics Mortgage insurance might sound like something that protects you – the homeowner – should you fall behind on your payments. But in reality, it’s a policy for the lender that ensures they’ll recoup their losses...
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