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Ask The Expert: How Are Credit Unions Offering Great Rates On Adjustables?

Ask The Expert: How Are Credit Unions Offering Great Rates On Adjustables?

Wednesday, 02 November 2022
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Lisa from Texas asked: "With higher rates, more of my customers have been asking about ARMs. Only my company’s ARM prices don’t seem to be that great a deal compared to fixed-rate mortgages. Yet there are credit unions offering great rates on adjustables. How can that be?"  Read more...
Prevu Snags Mortgage Tech Assets of Shuttered Rival Reali

Prevu Snags Mortgage Tech Assets of Shuttered Rival Reali

Monday, 31 October 2022
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Prevu, a real estate technology company, said it has acquired the mortgage technology assets of defunct competitor Reali. Read more...
Man Gets Prison in $6M Fake Home Sale Scam

Man Gets Prison in $6M Fake Home Sale Scam

Monday, 31 October 2022
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A man has been sentenced to nine years in federal prison for his role in a mortgage scam that caused $6 million dollars in losses to almost 400 victims. So reports SiliconValley.com. Read more...
Finance of America Mortgage Plans to Shut Down

Finance of America Mortgage Plans to Shut Down

Monday, 31 October 2022
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Finance of America said it intends to shut its forward mortgage originations business across both retail and wholesale channels by year’s end. Read more...
Black Knight’s Optimal Blue Launches CompassEdge Platform

Black Knight’s Optimal Blue Launches CompassEdge Platform

Friday, 21 October 2022
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Optimal Blue, a division of Black Knight, has announced the rollout of CompassEdge, a new hedging and trading platform. Read more...
Voxtur Unveils Title Insurance Alternative on VA Loans

Voxtur Unveils Title Insurance Alternative on VA Loans

Friday, 21 October 2022
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Real estate technology firm Voxtur has announced that it will offer an attorney opinion letter as an alternative to title insurance on mortgages backed by the Department of Veterans Affairs. Read more...
Real Estate Agents Caught on Camera Pushing Mortgage Fraud

Real Estate Agents Caught on Camera Pushing Mortgage Fraud

Friday, 21 October 2022
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An investigation has caught real estate agents, mortgage brokers and bank employees on camera connecting buyers with bogus employment, salary and tax documents so they could get otherwise-unattainable mortgages. So reports CBC Marketplace. Read more...
Safeguard Your Lender from Legal Risk

Safeguard Your Lender from Legal Risk

Thursday, 20 October 2022
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As U.S. demographics shift, it is smart business to ramp up recruiting of non-white sales professionals. Read more...
Crypto Lending Platform Moon Mortgage Secures $3.5M

Crypto Lending Platform Moon Mortgage Secures $3.5M

Friday, 14 October 2022
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Moon Mortgage, a lending platform that allows real estate property buyers to use their cryptocurrency holdings as collateral for 100% financing, has raked in $3.5 million in seed funding. So reports CoinDesk. Read more...
Angel Oak, Lower.com, Keller Mortgage Lay Off Employees

Angel Oak, Lower.com, Keller Mortgage Lay Off Employees

Friday, 14 October 2022
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Angel Oak, Lower.com and Keller Mortgage have joined the ranks of mortgage lenders cutting staff at a time when interest rates are at a 15-year high. So reports Bloomberg. Read more...

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