Spring is right around the corner and mortgage rates are already under 6%, but now we have a new variable: war with Iran. Now the question is whether the conflict in Iran will send rates lower or higher before the seasonal push in housing comes. Last week was already interesting as the 10-year yield closed […]
Will war with Iran send mortgage rates higher or lower? Read More »
Just months after loanDepot‘s Alex Madonna was named to a new role to focus on emerging technology, artificial intelligence and modern sales structures, it was announced that he’s departing the company. Madonna, who was most recently loanDepot’s executive vice president of direct lending and spent 16 years at the company, confirmed the news in a
loanDepot executive Alex Madonna departs, starts Trust One Financial Read More »
The National Reverse Mortgage Lenders Association (NRMLA) this week sent a letter to a New Jersey lawmaker, stating its opposition to a legislative proposal tied to reverse mortgage counseling requirements in the Garden State. The letter is addressed to state Sen. Shirley Turner (D), the sponsor of New Jersey Senate Bill 264, which creates “pre-loan