Items Tagged with 'mortgage origination costs'

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Not to be outdone by Fannie Mae’s announcement that it plans to offer lenders “Day 1” representation and warranty relief, Freddie Mac announced Monday that it is planning a series of enhancements to its Loan Advisor Suite designed to cut mortgage origination costs for lenders.

As it turns out, the United Kingdom’s decision to leave the European Union is quite the boon for U.S. mortgage originators, with a new report from the Urban Institute showing that mortgage originator profits rose sharply post-Brexit.

After barely surviving the subprime crisis and housing collapse, and then enduring the agony of burdensome regulatory changes and the advent of a new mortgage watchdog, mortgage originators finally, FINALLY, have some good news to spread.