- Catskills town leads U.S. in rising home prices with NYC exodus
- Significant number of borrowers are unaware of relief options
- Truist’s pandemic chatbot could have staying power
- Serious delinquencies will soar in 2021 without more borrower aid
- Investor who pushed NFL team rebrand shifts focus to evictions
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RESOURCESEVENTS-
Sep 14-17, 2020|
Borrowers will likely have to put more assets on the line to get forbearance extensions.August 134 Min Read
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With the moratorium still in place, mortgage foreclosure activity fell 83% in July compared to the year before and 4% from June, according to Attom Data Solutions.August 13
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The new “adverse market fee” for refinanced mortgages resembles steps the companies took to combat the 2008 mortgage crisis. But critics charge it isn’t necessary and will hurt borrowers’ ability to tap into low rates.August 13
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Merit Hill, a Brooklyn real estate investment firm, is sponsoring its first MBS offering secured by 78 self-storage units in 23 states.August 13
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A former home mortgage consultant with the company alleges she was subjected to a lower compensation structure, awards and benefits compared to her male counterparts.August 12
Top Producers 2020
Almost six in 10 completely agreed that company-provided technology met or exceeded their expectations.
Buying power for many consumers is hampered and some originators said that affects their ability to serve consumers.
Recognizing the leading originators of Federal Housing Administration mortgages in the 2020 Top Producers survey.BEST MORTGAGE COMPANIES TO WORK FOR
CEO VanTrojen: Employees are the No. 1 client.
Conundrum for lenders: How to overcome top producers' tendency to stay put?
A culture that celebrates diversity, fun, and an employee-driven value system.MORE FROM NATIONAL MORTGAGE NEWS-
“They are willing to play this to the end, one way or the other.”August 13
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Developer Parkway Corp. has closed on $187 million in funding through commercial real estate finance firm Meridian Capital Group to build a Center City Philadelphia office tower for law partnership Morgan, Lewis & Bockius.August 13
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Late home payments increased in this community that hosts the Masters, according to a California-based real estate analytics firm.August 13
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A new Marriott Residence Inn is expected to sprout next to the Millbrae BART station after landing a construction loan that serves as a welcome counterpoint to the pall of economic uncertainty cast by the coronavirus.August 13
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Refinance volume led the spike in mortgage applications for the week ending August 7 as interest rates continued tumbling.August 12
