Employment at nonbank mortgage banking and brokerage firms was steady in August, ending a six-month run of job gains.
Premium reduction has improved the financial condition of the FHA mortgage insurance fund, Cosgrove said.
The half a percentage point reduction in the Federal Housing Administration mortgage insurance premium provided a bigger pop to the housing market than expected, according to Mark Zandi, chief economist at Moody's Analytics.
When he's not co-hosting his talk radio show or helping clients, Residential Home Funding's Marc Demetriou is studying loan program guidelines, a task he credits for helping him become one of the industry's top producing loan officers.
2015 Top Producers
ON's annual rankings show how loan officers made the most out of a tough year for originators.
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