Shore Mortgage, Birmingham, Mich., has announced that it is recruiting 150 new employees, including underwriters, account executives, and loan officers, for its five locations in the Detroit metropolitan area.Noting that its announcement runs counter to the industry trend of downsizing and layoffs, the company touted its "consistent growth pattern" and said full-time positions are available in Birmingham, Canton, Roseville, and Taylor. Shore said mortgage professionals with experience in closing, processing, underwriting, servicing, post-closing, accounting, secondary marketing, quality control, information technology, or customer service are encouraged to apply for the positions. The company can be found online at http://www.shoremortgage.com.
-
The Community Home Lenders of America and the Community Associations Institute want the FHA to insure loans on condos approved by Fannie Mae and Freddie Mac.
54m ago -
Most lenders said they had already priced in the widely-anticipated decision to cut short-term rates for 30-year home loans but other products will benefit.
1h ago -
The deal for the Class A office building owner will be funded from Rithm's cash as well as liquidity on the balance sheets, plus possible co-investors.
3h ago -
Mortgage applications saw a significant jump for the second consecutive week, as homeowners took advantage of plummeting rates, the MBA said.
4h ago -
The government-sponsored enterprise is making changes to mortgage-backed securities and servicing disclosure files to support use of the advanced credit score.
5h ago -
Underserved markets advocates also want to keep the 30-year mortgage and do more to expand rural and manufactured housing while preserving low cost homes.
6h ago