by mdibrino@hqmloans.com | May 8, 2023 | Uncategorized
Blend revealed last week that it received a notice from the New York Stock Exchange (NYSE) warning the mortgage lender that its stock is at risk of being delisted from the exchange due to a low price share. According to the notice, the average closing price of...
by mdibrino@hqmloans.com | May 8, 2023 | Uncategorized
Atlantic Commercial Lending has launched a new range of non-QM loans for commercial property owners and investors. The mortgage broker said the new product line includes non-QM loans, profit and loss 1-year- and 2-year-only loans, bank statement loans, bridge loans,...
by mdibrino@hqmloans.com | May 8, 2023 | Uncategorized
Read next: CEO reveals why mortgage stocks are struggling after IPO boom The company generated a $68.9 million profit in the first quarter, down from $81.8 million in the prior quarter. Its origination and servicing segments posted a combined pre-tax income of $164...
by mdibrino@hqmloans.com | May 5, 2023 | Uncategorized
The US labor market continues to tick along at a healthy pace, adding over a quarter of a million jobs in April despite turmoil in the banking sector and further efforts by the Federal Reserve to slow the economy. The Labor Department said on Friday that over 253,000...
by mdibrino@hqmloans.com | May 5, 2023 | Uncategorized
Once situated, he began to notice something peculiar: Loan originators focused on the border, ready to deploy to Mexico to close deals under the auspices of two different companies – their US-based firm and the one for which they were licensed in Mexico. Achieving his...
