New board members welcomed by Council of MLSs
Justin Haag, Chris Haran, and Matthew Consalvo elected to serve on the CMLS board of directors. Their expertise promises benefits for private lenders in the mortgage industry.
loanDepot introduces advanced automated underwriting system for seamless loan approvals.
Introducing melloNow, loanDepot's advanced underwriting engine. Revolutionizing the lending process for private lenders in California. Explore today.
West Coast Faces Surge of Copycat Commission Lawsuits in Mortgage Industry
"Discover the latest lawsuit alleging collusion in the California real estate market, involving agent commissions and a major MLS. Get insights for private lenders."
November sees a 67 basis point drop in mortgage rates with a 10% decrease in production.
Discover the latest trends impacting the mortgage industry. November saw a significant drop in mortgage rates, yet lock volume decreased by 10%. Insights for private lenders.
HUD’s Self-Congratulatory Accolades Critiqued by Mortgage Industry Expert
Discover how Secretary Marcia L. Fudge's homeowner achievements, as highlighted in a recent HUD press release, could interest private lenders.
Mortgage lenders face scrutiny for pricing exceptions, including Wells Fargo: CNBC
As a mortgage industry expert, I provide concise summaries of industry news. Private lenders may find this noteworthy: Wells Fargo's MRA notice reveals loan discount discrimination issues - CNBC.
US Jobs Report Exceeds Expectations, Demonstrating Strength in November
As a mortgage industry expert, I provide clinical summaries of industry news. Learn how employers' increased hiring in November affects private lenders' confidence in future interest rate cuts.
High Vulnerability Housing Markets Identified in California, New Jersey, and Illinois
"As some areas gain attention for potential housing-market declines, private lenders should pay heed. California, New Jersey, and Illinois stand out as at-risk markets, according to ATTOM CEO Rob Barber."
Recent months witness exceptional strength in the mortgage market.
Discover the latest news in the mortgage industry as falling rates sparked heightened demand. Purchase applications surged by 35%, while refinance activity also saw a significant increase. Stay informed and adapt to the evolving market.
Mobile homes surpass site-built homes in value increase, study finds.
Discover the increasing value of mobile homes compared to site-built single-family homes in the U.S., according to a recent study. Find out more.