With interest rates at all-time highs and looking to stay there for a while, lenders are having to think outside of the box in order to prospect leads and stay in business. Yes, house prices are coming down, but are not expected to decrease fast...

Due to the positive experiences regarding the appraisal flexibilities allowed during the pandemic, in the spring of 2022, the mortgage industry decided to make the use of desk-top appraisals a more permanent option for certain transactions.

A...

We all have been following the recent changes in the mortgage industry. At first, interest rates were at record low levels and most lenders had plenty of both purchase and refinance business to keep their employees busy. But then, rates started to...

With home prices reaching astronomical levels, it can be difficult for many to qualify to purchase the home of their dreams. However, there is an option referred to as Co-buying that is gaining some popularity. Co-buying is basically a group of 2 or...

The Homeowners Assistance Fund (HAF) was passed in 2021 as part of the American Rescue Plan. It was created as a way to make sure individuals and families can stay in their homes, and weather the financial challenges brought on by the Covid-19...

With the increase in mortgage interest rates, some borrowers are asking about a little-known feature on certain mortgage loans. Assumability. What this means is that home-buyers that are lined up with sellers with an existing assumable loan, can buy...

The LO Comp Rule is one of those topics that comes up a lot in the mortgage industry, and unfortunately, it can be easy to misinterpret. Though it is always best to consult your company’s compliance department, we wanted to provide a brief run-down...