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.

Mortgage

Freddie Mac to consumers: Here’s how to avoid mortgage fraud

Video shows 'red flags' to look out for

As part of a continuing series that aims to educate consumers on all aspects of the home buying process, Freddie Mac released a short video that tells consumers how to avoid mortgage fraud when applying for a loan.

In the video, Freddie Mac identifies several “red flags” that consumer should be on the lookout for, including:

  • Being told to exaggerate your income, assets, credit, or provide false information someone says will help get the loan approved
  • Being pressured to sign paperwork that you haven't had a chance to read or that you don't fully understand
  • Being asked to release personal financial information online or over the phone by someone you don't know

Last year, as a part of the same education effort, Freddie Mac issued a warning to buyers and lenders about scams that offer the promise of a raised credit score in exchange for money.

Click here to read more from Freddie Mac about the need to be cautious of any person or credit repair service that offers “help” with one of three types of common fraud schemes that promise an increased credit score.

And watch Freddie Mac’s video about avoiding mortgage fraud below:

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

Guaranteed Rate’s Shant Banosian has topped his record-setting 2020 in a big way: year-to-date, the LO has funded a whopping $2 billion in total origination volume, the lender announced on Tuesday.

Nov 23, 2021 By
3d rendering of a row of luxury townhouses along a street

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