Mike Berkley has been named vice president and director of sales at Master Financial Inc., a mortgage banking company based in Orange, Calif.Master Financial said Mr. Berkley has been with the company for 11 years, including stints as a wholesale account executive, a technology salesman, and a manager of Southern California wholesale business. Master Financial, a subprime and alternative-A wholesale mortgage banker, can be found online at http://www.mfiloans.com.
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The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
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The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
5h ago -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
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The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
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The tool will provide helpful HELOC-related information to customer support staff to streamline the application process, Figure said Thursday.
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The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.
April 18