Subscribe to this RSS feed
Originating

Originating (1419)

Ask Brian: Creating a Networking Group

Ask Brian: Creating a Networking Group

Thursday, 18 April 2019
Originating
Written by
Dear Brian, I love your column and you seem to be very knowledgeable and sincere. I have only been originating for a few years and it’s hard for me to network. I am considering joining a networking group and wanted your opinion. Scott J. Boston Dear Scott, I know as a reader you may find… Read more...
Tagged under
Hybrid Products Being Developed For HELOC's

Hybrid Products Being Developed For HELOC's

Wednesday, 17 April 2019
Originating
Written by
Premium Title, a national provider of title and escrow services, and Springhouse, a full-service valuation solutions and appraisal management company, today announced the launch of HomeVal, a home equity line of credit (HELOC) hybrid solution that provides combined title search and valuation data for lenders. Consolidation of title and valuation information in one report can… Read more...
Tagged under
LendingTree Survey: 61% of First-Time Homebuyers Struggling to Find Affordable Homes

LendingTree Survey: 61% of First-Time Homebuyers Struggling to Find Affordable Homes

Tuesday, 16 April 2019
Originating
Written by
Young adults are getting married later than previous generations. In 1980, the median age for men and women at their first marriage was 24.7 and 22, respectively. In 2018, the ages increased to 29.8 and 27.8, for men and women, respectively. But this delay in marriage isn’t deterring them from homeownership, though. Almost a quarter… Read more...
Tagged under
March Sales Signal Slowest Start to Spring Homebuying Since 2014

March Sales Signal Slowest Start to Spring Homebuying Since 2014

Tuesday, 16 April 2019
Originating
Written by
Kicking off the spring homebuying season, March sales climbed almost 29% over February, according to the RE/MAX National Housing Report. But this remains the slowest start in five years, with March sales 8.6% lower than March 2018. March was the eighth consecutive month of year-over-year sales declines and the sixth straight month of year-over-year inventory… Read more...
Tagged under
The Ability To I.D. The Borrowers Intent Shifts The Origination Process

The Ability To I.D. The Borrowers Intent Shifts The Origination Process

Tuesday, 16 April 2019
Originating
Written by
For mortgage lenders there is a big battle to be one of the first people to reach a potential borrower. That’s because statistics show that 88% of consumers go with the first or second lender they talk to. That’s no surprise, how often do consumers really want to have a one-hour conversation regarding the same… Read more...
Tagged under
A Primer for How Not to Deal with Rate Shoppers

A Primer for How Not to Deal with Rate Shoppers

Sunday, 14 April 2019
Originating
Written by
By Brian Sacks One of the things we all wonder about as originators is how to compete with on-line and other lenders who simply buy the market. There are a number of strategies for dealing with this like positioning yourself as the obvious go to celebrity originator in your market. But one of the best… Read more...
Tagged under
Recent PwC Survey Show Consumer Attitudes are Changing

Recent PwC Survey Show Consumer Attitudes are Changing

Friday, 12 April 2019
Originating
Written by
PWC’s April survey shows that consumer attitudes are changing. They see what digitalization is doing in other areas and they want a similar experience in the mortgage space. Consequently, they are not just looking for a best in class home searching experience or an amazing digital mortgage experience, they’re demanding an integrated home ownership experience.… Read more...
Tagged under
Bodnar's Market Recap

Bodnar's Market Recap

Friday, 12 April 2019
Originating
Written by
https://youtu.be/JR4t40_4Smg Hi Bill Bodnar here from the Mortgage Market Guide. Thanks for tuning in to our MMG recap, so on the screen I have the Federal Reserve Bank of St. Louis and we're showing the initial claims report, which was out on Thursday and you can see this 196,000. And this is a really important… Read more...
Tagged under
New American Funding Announces New Mortgage Programs for Self-Employed & Non-Traditional Income Borrowers

New American Funding Announces New Mortgage Programs for Self-Employed & Non-Traditional Income Borrowers

Thursday, 11 April 2019
Originating
Written by
National Mortgage Lender New American Funding, announces today the launch of a new home loan program, Non-Qualified Mortgage (Non-QM). This loan program fills a growing demand of credit worthy borrowers who are self-employed, have non-traditional incomes, have assets and no income, or have had difficulty qualifying for a traditional mortgage. "We're dedicated to making sure… Read more...
Tagged under
Shifting Lending Strategies in a Changing Market

Shifting Lending Strategies in a Changing Market

Thursday, 11 April 2019
Originating
Written by
One thing that was evident at this weeks’ New Jersey Mortgage Bankers Regional Conference in Atlantic City was that the industry pivot into non-QM lending continues. As business owners, lenders have to make strategic decisions such as are they going to cut their price, are they going to open up Non-QM or are they going… Read more...
Tagged under

FOLLOW US