Mortgage application defects keep rising

Mortgage application defects keep rising

Michigan, Florida, Texas lead First American application defect index

Monday Morning Cup of Coffee: When will mortgage lending pick up?

Plus, more on the future of Fannie and Freddie

Fannie Mae: 3 reasons why this oil glut won't crash housing

It isn't the 1980s anymore
W S

Items Tagged with 'Loan officer'

ARTICLES

3 tips to recruiting Millennial loan officers

How to reverse the aging mortgage industry
There is a drought in the market when it comes to recruiting Millennial loan officers. In an interview with HousingWire, Casey Cunningham CEO at XINNIX, explained how to show the next generation the way into the mortgage industry.
Read More

Wells Fargo ups commissions to spur loan production

Increases loan officers' pay in effort to counteract declining volumes
Wells Fargo has decided to combat its decreasing loan revenues by increasing the amount of commission it pays to its loan officers. The bank hopes this will stem the decline in its mortgage origination volume.
Read More

loanDepot snaps up RoundPoint Mortgage loan officers: source

Would impact 200 or so LOs

The move makes sense as the two companies share similar business models; that is, high-touch, boutique customer service. The loan officers are currently being notified of the transition, according to information provided from a RoundPoint loan officer who asked to remain anonymous.


Read More

Where are lenders driving mortgage traffic?

Lending standards tighten across most spectrums
Lending standards shifted across the board over the past three months following the recent implementation of the Consumer Financial Protection Bureau Qualified Mortgage rule. But where are lenders looking to find business?
Read More