The change in the rate environment has revived a focus on servicing this year for originators, which may account for some of the current merger and acquisition fervor. Processing Content Not only has the recapture rate nearly doubled since 2023 and has March’s trigger lead ban implementation restricted the ability of outside lenders to compete […]
Why servicing is so important to mortgage originators now Read More »
The Federal Housing Administration has announced that it has taken steps to streamline its case number assignment process for spot approvals on condo units. Processing Content The streamlining by the Department of Housing and Urban Development unit is designed to further expedite a process which allows mortgage companies to get a case number for loans
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Federal Housing Administration rules in certain states can add a challenge for lower income couples with one spouse who has a credit issue, and a real estate group wants to remove that extra hurdle. Processing Content The concern lies in the fact that an option otherwise available to FHA borrowers, putting the loan in the
Why an FHA rule for nonborrowing spouses is making waves now Read More »