by mdibrino@hqmloans.com | May 2, 2023 | Uncategorized
PRMG has strengthened its reverse mortgage team with the addition of Ellen Skaggs (pictured), who is joining as HECM divisional manager. Skaggs’ appointment, according to the wholesale mortgage lender, expands its reach and impact in the reverse mortgage industry and...
by mdibrino@hqmloans.com | May 2, 2023 | Uncategorized
“Partnering with Mark and the team at CMG is a dream come true,” Alexandrov said in the company’s press release. “From products to pricing to servicing, to culture, they are top notch. I look forward to helping our many clients and referral...
by mdibrino@hqmloans.com | May 2, 2023 | Uncategorized
“When unscrupulous companies bait homeowners into unaffordable loans with exaggerated promises of energy bill savings, this can lead to serious financial distress,” said CFPB director Rohit Chopra. “We are proposing new rules that would require...
by mdibrino@hqmloans.com | May 1, 2023 | Uncategorized
Those historically low interest rates from the not-so-distant past changed the game for many: “When you’re looking at a 30-year mortgage that’s down in the threes, people that couldn’t afford to be a homeowner could now afford to be a homeowner,” Potter said. “They...
by mdibrino@hqmloans.com | May 1, 2023 | Uncategorized
Both Richardson and colleague Nate Fein of UMortgage in Pensacola broke down the details in a previous interview with Mortgage Professional America. To put the issue in greater context, they reminded of the last significant LLPA overhaul related to second homes. Hack...