Loan officer mobility is continuing to decline even as the overall pool of active producers rebounds from recent low points. This appears to signal a shift in how originators are weighing risk, compensation and opportunity, according to a recent mortgage market intelligence report from RETR. Loan officer movement has long served as a proxy for […]
Loan officer mobility slows again in 2025, RETR reports Read More »
Stratmor has squashed a lawsuit from a disgraced mortgage executive who accused the advisory firm of giving him bad advice in a botched acquisition. Processing Content U.S. District Judge Charles Goodwin granted Stratmor’s motion for summary judgment last month in a breach of contract suit from First Mortgage Co. The long-defunct Oklahoma City-based lender accused
Stratmor beats lawsuit accusing it of bad M&A advice Read More »
Despite some initial signs of volatility in financial markets over the weekend, the bond market managed to avoid losing much ground. Because bonds dictate mortgage rate movement, the average lender remained very close to Friday’s latest levels. MND’s rate index (a measure of top-tier 30yr fixed rates) rose by 0.01% which is the smallest increment
Mortgage Rates Almost Perfectly Flat to Start New Week Read More »