Is UWM’s 89.99% LTV cash-out refinance worth the risk?
Industry analysts project higher mortgage rates on new 90% LTV cash-out refis by UWM. Private lenders should be prepared for narrower profit margins.
Private Lenders Shouldn’t Stress Over Recession Worries
Stay informed on industry news and trends affecting private lenders, including economic indicators and market fluctuations, to make informed lending decisions.
Mr. Cooper’s profits decrease despite boost in origination business from lower rates
Discover how Mr. Cooper Group capitalized on declining mortgage rates in 2024, with insights on origination gains and future expectations for private lenders.
FirstClose introduces feature to assist consumers in accelerating debt consolidation
FirstClose offers a new Digital Loan Product Wizard on its home equity platform, aiding customers with consolidating high-interest mortgage debt.
Gibson plaintiffs challenge eXp’s settlement agreement over commissions.
Stay informed on the latest developments in the mortgage industry - The Gibson plaintiffs aim to move the Hooper suit to Missouri for settlement approval.
Existing-home sales continue to disappoint, but inventory shines.
Stay informed on the current state of the mortgage industry as existing-home sales slow and prices rise, providing more options for potential homebuyers.
Private Lenders Should Not Stress Over Recession Concerns
Stay informed on the latest industry news relevant to private lenders and how economic indicators impact lending decisions. Keep ahead of market trends.
Victor Ciardelli announces new $100M AI mortgage platform designed to address long-standing customer issues
Discover how Chicago-based Rate is leveraging AI technology to enhance its lending platform, attracting private lenders aiming to grow their market share.
Pennymac’s Strategy for Navigating Impact of Decreased Rates
Discover how the third-quarter financials of Pennymac Financial Services reflect the impact of declining interest rates on mortgage companies' loan production and servicing portfolios. Gain insights for private lenders.
Decline in Mortgage Demand Continues
Discover insights into the recent 6.7% drop in mortgage applications, despite stable rates. Valuable information for private lenders.