News & Articles

Time is ripe for non-QM lenders to expand | Mortgage Professional TV [embedded content] LATEST NEWS Free e-newsletter Our daily newsletter is FREE and keeps you up to date with the world of mortgage. This page requires...

Apparently, there’s not even so much as a bubble in today’s market. Len Kiefer, deputy chief economist at Freddie Mac, recently explained to Forbes why the US housing market is not currently encased in such a bubble. “A bubble has three defining characteristics: price...

Read next: Not all bank failures are the same, broker says People familiar with the decision told Bloomberg the exact number of workers affected by the move is unclear, but the unit’s managing director, Michael Sudnow, is among those leaving the bank. “We are fully...

Back to square one It was time to rebuild. “I did a little sabbatical for about a year in New Mexico,” he said. “I had to live with my parents, and they helped me with my kids. I had four kids. They crashed with me. We all crashed together!” he said, now able to laugh...

The wholesale mortgage lender has also expanded its Conventional 1% Down product, allowing borrowers with less than 80% of the area median income (AMI) to qualify. Eligible borrowers will put down 1% of the loan towards their down payment, and UWM will then pay a 2%...

Smith started her career in 2004 as regional manager of wholesale sales at Financial Freedom. After that, she helped One Reverse Mortgage develop a successful sales team as senior vice president of wholesale lending. “I am so excited to announce I have joined the...

Before joining Movement, Koss served as executive vice president at Mortgage Network, while Hayes was senior vice president of residential lending. “I am grateful for the opportunity to continue to work with Ryan, a rising star in the industry, and to be part of the...

Revealed: Where Sydney house prices are set to grow | Mortgage Professional News Report reveals the top areas across more than 600 suburbs By Mina Martin 29 May 2023 A select number of suburbs in Sydney are tipped to record price growth in the next six months to...

“Accurate land and property valuations are the bedrock of the Australian property industry and are critical to state governments and councils in terms of calculating rates and land taxes,” said Value Australia CEO Mark Nassif (pictured above). “Our tool calculates...

“We’re extremely proud to partner with the Public Education Foundation to support this scholarship,” said Nichole Banks (pictured above right), Teachers Mutual Bank’s chief marketing officer. “We have a long tradition of providing meaningful professional development...

From there he would go to Lending Tree, where he worked from 2004-09. By then married – to a physician no less – his wife accepted a medical residency in Ann Arbor, Mich. “And I’m here dealing with a financial crisis,” he said, referring to the Great Recession then...

“The US economy is showing continued resilience which, combined with debt ceiling concerns, led to higher mortgage rates this week,” Freddie Mac chief economist Sam Khater said. “Dampened affordability remains an issue for interested homebuyers, and homeowners seem...