by mdibrino@hqmloans.com | May 26, 2023 | Uncategorized
Colonial Savings, F.A., a thrift bank based in Forth Worth, Texas, has confirmed its plans to exit the mortgage origination business to streamline its services. Effective July 31, Colonial Savings will no longer originate home loans, which the bank has been doing...
by mdibrino@hqmloans.com | May 26, 2023 | Uncategorized
Read next: Lender aims to help originators develop social media presence “Whether you’re a veteran wanting assistance with a VA home loan, a new member of the community searching for a wonderful house or an executive establishing yourself in a financial hub, we’re...
by mdibrino@hqmloans.com | May 26, 2023 | Uncategorized
“The housing market has struggled to gain momentum during the industry’s crucial spring homebuying season,” said First American deputy chief economist Odeta Kushi. “According to data from First America Data & Analytics, historically approximately 36% of...
by mdibrino@hqmloans.com | May 26, 2023 | Uncategorized
“Elevated interest rates and low housing supply have kept many prospective borrowers on the sidelines,” said Edward Seiler, associate vice president of housing economics at MBA and executive director of Research Institute for Housing America. “However, MBA expects...
by mdibrino@hqmloans.com | May 25, 2023 | Uncategorized
Weakness in the commercial real estate industry poses risks to the recovery of the US banking sector, JPMorgan & Chase CEO Jamie Dimon warned during the bank’s investor conference Monday. Impacted by the slew of bank failures, the commercial real estate industry...
by mdibrino@hqmloans.com | May 25, 2023 | Uncategorized
Consider the ‘Thinking Slow Acting Fast’ approach He touted his “Thinking Slow Acting Fast” philosophy in achieving results. “I really think this idea of thinking slow, acting fast is crucial; especially because most projects are done in the exact opposite way,”...