Even though housing prices have stabilized since the pandemic, homeownership is more difficult in some states than others. Processing Content Hawaii, California and Utah have the highest median sale price to personal income ratios, making them some of the least affordable markets in May, according to a report by BestBrokers. In Midwestern and Southern states […]
Where home prices and income diverge the most and least Read More »
An appraisal fraud scheme will send the perpetrator behind bars for decades, after his use of stolen credentials left lenders holding the bag for more than $65 million in defective loans, according to the U.S. Department of Justice. Processing Content Former appraiser Armando Martinez was sentenced in early July after previously pleading guilty to bank
Appraisal scam leads to $65M worth of defective loans Read More »
Mike Kortas has brought his goal of creating a financial incentive for the mortgage servicing rights his loan officers create to fruition with the launch of evoLend on July 2. Processing Content In an April interview with National Mortgage News, Kortas said it was something he had been dreaming he could offer to his NEXA
NEXA’s owner launches mortgage servicer to benefit LOs Read More »