The independent mortgage lender was honored with the recognition for its competency, capacity and overall performance in servicing.
Read More »More Borrowers Opt for Refis
Refinance loans saw more closings than any other mortgage loan in January, with refis representing 45 percent of all closed loans, according to the monthly Origination Insight Report ...
Read More »Residential AD&C Loan Volume Tight But Expanding
Outstanding residential acquisition, development, and construction loan volume expanded 4.7 percent in the second quarter of 2015. The National Association of Home Builders found that AD&C loans grew for the ninth consecutive quarter, but availability of these loans remains tight, hindering home construction.
Read More »Originators Outline Struggles in Changing Market
According to results in Hammerhouse’s 4th Annual Survey of Originator Opinions, 44 percent of originators polled said the biggest challenge for the industry in 2014 will be "adding new relationships to support a purchase focused business" with purchase volumes still too weak to support the market. Given these obstacles and the continuing decline in mortgage volumes, 69 percent of originators expect overall volume to drop in 2014.
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