The key to implementing non-QM products

With the refi boom falling off and the margin compression happening to lenders nationwide, lenders are looking at non-QM to help fill in those gaps. Learn how to implement non-QM products here!

RealTrends 2021 Team Profitability Study

Brokerage firms have often speculated about how well teams perform from a profit and loss point of view, as well as how productive they are. In this research study, RealTrends answers these two big questions.

Proven Strategies for Accelerating eMortgage Adoption with Freddie Mac and Better

This webinar will cover how the industry is working to overcome challenges lenders experience in adopting eClosings. You’ll hear from industry leaders at Snapdocs, Freddie Mac and Better Mortgage. Register now!

Logan Mohtashami on existing home sales, mortgage rates

Today’s HousingWire Daily begins the Rundown miniseries where HousingWire’s Editor-in-Chief Sarah Wheeler and Lead Analyst Logan Mohtashami will talking about housing and economics every Monday.

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Fight over flood insurance shows danger in ‘sweet deals’

A coalition of bipartisan lawmakers gained ground in their attempts to roll back changes to the Biggert-Waters Flood Insurance Reform Act this week.

But despite pulling together bipartisan support to stop insurance premium hikes tied to the national flood insurance program, reform advocates are on edge.

SmarterSafer.org, a group advocating for taxpayers and insurers, says a failure to raise premium rates to account for the true insurance risk has the dual effect of keeping private insurers out of the flood insurance space. They also claim it encourages homeowners to build in flood-prone areas without having to pay for the real risk when obtaining insurance coverage.

The Senate succeeded in passing a bill Thursday that attempts to roll back the recent rate hikes. Still, strong resistance is out there.

"The Senate bill not only fails to address the $24 billion the National Flood Insurance Program owes to taxpayers – it saddles the program with another $2.1 billion in debt,” SmarterSafer said in a statement.

"Fortunately, Speaker Boehner has indicated that he believes modifications to the program – rather than shortsighted delays – is the better way to help Biggert-Waters work for both homeowners and taxpayers. We look forward to working with the Speaker as the House considers its own bill to responsibly reform the flood program in the weeks ahead."

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Guaranteed Rate’s Shant Banosian clears $2B in originations in 2021

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

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