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Over three-quarters of the Wolters Kluwer Blue Chip Economic Indicators panel said the FOMC will ease eventually, but a growing number are now expecting a hike.
June 10 -
Contract closings rose 3.2% to an annualized rate of 4.17 million last month, according to data released Tuesday by the National Association of Realtors.
June 9 -
Mortgage lock volume fell 5.4% in May as rates climbed, but declining pull-throughs suggest some borrowers are reconsidering loan plans amid ongoing rate volatility, Optimal Blue found.
June 9 -
Originators slightly loosened credit for conventional and jumbo products in May but they've held steady after larger growth to begin the year.
June 9 -
The share of warehouse lenders offering funding lines and sublimits for seconds has risen to new heights according to a Mortgage Bankers Association survey.
June 9 -
MBA, UWM, Nexa and Pennymac offer mortgage loan originator training programs for aspiring and licensed LOs, covering NMLS exam prep, wholesale lending and loan origination skills.
June 9 -
Approximately 54% of homeowners looked to a second lien product to access their home's stored value in the first quarter due to the "lock-in effect."
June 8 -
Better and Coinbase plan to make the product available to qualified borrowers nationwide by this summer. Interested customers can currently apply to a waitlist.
June 8 -
Mortgage lenders play a crucial role in divorce. Experts explain how to navigate decree language, assumability and tax pitfalls before it's too late.
June 8 -
The companies now anticipate generating around $14 billion in annual origination volume, making them one of the biggest lenders in the country.
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