Every month provides new opportunities for mortgage lenders, and January is no exception. With rate lock activity on the rise, now's the time to take advantage of low interest rates and get your home loan. Explore your options and start 2021 off on the right foot!
Discover how title & settlement service providers managed to navigate the turbulent fourth quarter by identifying consumption trends & creative solutions. Expert insights & advice to ensure successful operations in 2021.
"Unlock the power of the people you know! Learn how loan originators can shape relationships to expand access to capital. Get insightful tips for identifying new sources of funding through your existing contacts."
Lauramac and LoanLogics are joining forces to provide innovative and comprehensive mortgage solutions to the industry, unlocking powerful potential for lenders and customers alike. Unlock your financial potential with an experienced team who understands the industry. Let's make a difference.
As a private lender, stay ahead of rising interest rates & property values. Learn our tips on how to negotiate win-win loan terms & find working capital quickly. Get strategic advice & resources to help you make informed decisions for your portfolio.
"Stay informed: USAA's recently announced layoffs of 130 personnel are an effect of their real estate lending division closure. Don't let this news affect you - get tips for private lenders now!"
Earn big profits by investing in the low-inventory mortgage market with creative strategies. Learn how to leverage the current market and explore helpful tips to maximize your returns while limiting risk. Secure your financial success today!
Prepayments on mortgage loans are expected to slow in 2023 as delinquencies on these loans rise, according to a new report from Fannie Mae. The number of seriously delinquent mortgages (those delinquent by 90 days or more) is expected to increase from 1.5 percent in 2020 to 2.1 percent in 2021 and 2.5 percent in 2022. The increase in delinquencies is expected to lead to a decrease in the number of homeowners prepaying their loans, from 3.8 percent in 2020 to 2.7 percent in 2021 and 2.1 percent in 2022.
Many top loan originators are feeling optimistic about the industry in spite of the several challenges it faces. They are confident that they can beat the odds by continuing to provide excellent customer service, staying up to date on industry changes, and being proactive about seeking out new business. By doing all of these things, they hope to maintain their position as top performers in the industry.
Many mortgage companies are unsure of the best way to communicate rate changes to their borrowers. Some companies have started using social media to announce changes, while others have released statements to the press. Some companies have even started sending out letters to their customers. The best way to communicate rate changes will vary from company to company, but it is important to make sure that the method chosen is effective and consistent.
