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Why SitusAMC acquired two companies last month – what that means for the industry
SitusAMC is gobbling up companies. The mortgage tech and service provider announced the acquisition of two companies in January of 2021 alone. Those acquisitions, of mortgage tech firm ReadyPrice and mortgage and title knowledge provider Assimilate Solutions LLC., can be seen in the wider context of a mortgage industry that’s at the beginning of a … [Read more…]
Self-employed mortgage borrower? Here are the rules
Just about any lender can do self-employed mortgages. But there are additional requirements for self-employed borrowers. Here’s what you should know.
Angel Oak Mortgage Solutions boosts AE team with five new hires
Angel Oak Mortgage Solutions has added five new hires to boost its non-QM capabilities. Joining its roster of account executives are: Rick Lacy (Orange County, Calif.), Giselle Navas (San Diego, Calif.), Matthew Simon (Montana, Wyo. and Eastern Wash.), Raanan Carty (Austin and San Antonio Texas), and Keith Hale (Sacramento, Calif.). The Atlanta-based lender said that … [Read more…]
UpEquity raises $25 million in equity and debt for its cash-pay mortgage lending service – TechCrunch
UpEquity raises $25 million in equity and debt for its cash-pay mortgage lending service TechCrunch
U.S. Housing Market Will Withstand a Wave of Foreclosures When Forbearance Ends
What is PMI and Do You Need to Pay it?
One cost first-time homebuyers forget to consider when buying a home is private mortgage insurance. But what exactly is PMI? Find out here and more.
The post What is PMI and Do You Need to Pay it? appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.
How to apply for a mortgage and get approved: 5 steps to success
Learn how to apply for a mortgage the right way. Give yourself the best shot at getting the type of loan you want and a low interest rate when you apply.
When Will The Mortgage Market Actually Care About Rising Rates?
There’s an obvious trend toward higher rates as far as Treasury yields are concerned. This goes all the way back to August. Treasury yields and mortgage rates historically correlate quite well. But mortgage rates have almost completely ignored that correlation recently. In fact, most of the 2nd half of 2020 saw mortgage rates fall while Treasury yields continued higher. The chart above doesn’t tell the whole story because it uses a separate y-axis for each line. Here’s the same time frame with mortgage rates and 10yr yields on the same axis: That still doesn’t tell us much although we can certainly see different patterns. Here’s another look at the same two rates on the same axis, but this time we’re charting the CHANGE since Jan 1, 2020. This one probably tells the story better than the rest
Assurance Financial Review: So Fast You Can Apply During Halftime
Today weâll check out a mortgage lender based in the south by the name âAssurance Financial,â which is headquartered in Baton Rouge, Louisiana. Aside from being fans of LSU, they also say you can apply for a mortgage during halftime, which is handy if youâre a sports fan. Theyâre able to get things done quickly [&hellip
The post Assurance Financial Review: So Fast You Can Apply During Halftime first appeared on The Truth About Mortgage.