Regulators slap mortgage LOs with fines for skipping class

Jan 18, 2022By

More than 400 mortgage LOs will pay penalties after a multi-state investigation alleged they falsely claimed they completed an annual continuing education requirement.

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Mortgage apps up 2.3% with new record average loan size The seasonally adjusted Purchase Index rose 7.9% from the previous week, while the Refinance Index decreased 3.1% in the same period.
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Housing inventory crisis continues in 2022 Want to know where housing demand is headed? Look at the MBA purchase application data from the second week of January to the first week of May.
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What will servicing look like in 2022?

Jan 13, 2022By

HousingWire recently spoke with Joe Davila, president and CEO of Selene Finance, about how servicers can best help homeowners as foreclosure moratoriums expire. Communication, borrower education and training of consumer-facing staff are all critical elements to ensure your servicing operation is properly prepared to help borrowers as they exit forbearance plans.

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About five years ago, NFM Lending was looking for a way to shift from sporadic donations to service members to a dedicated effort that regularly recognized their sacrifice. Their answer was the creation of the NFM Salute.

3d rendering of a row of luxury townhouses along a street

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