Competitive Home Lending Helps Seniors Navigate Economic Uncertainty with Reverse Mortgage Loans – Yahoo Finance
Competitive Home Lending Helps Seniors Navigate Economic Uncertainty with Reverse Mortgage Loans Yahoo Finance
Competitive Home Lending Helps Seniors Navigate Economic Uncertainty with Reverse Mortgage Loans Yahoo Finance
EDITORS’ PICKComplimentary access to top ideas and insights — curated by our editors. National Mortgage News is proud to present the fifth annual Best Mortgage Companies to Work For list, which offers a spotlight to lenders that are supportive employers while also supplying them with employee feedback on their strengths and weaknesses. It’s not an … [Read more…]
Wells Fargo has continued to retreat from the residential lending arena, laying off hundreds of mortgage bankers this week. The latest job cuts impacted more than 500 employees, Bloomberg reported, citing a person with knowledge of the situation. Wells Fargo announced last month that it’s taking its home lending business in a “new strategic direction,” … [Read more…]
Here in Las Vegas (Why did the Dalai Lama go to Las Vegas? Because he loves Tibet) the population is about 650,000 with all manners of housing, subdivisions, and lifestyles. But around the nation and world, there are numerous ways and places to live. Hereâs a story about a former NFL star who says he saved money by living inside Cincinnati Bengals stadium. What do Stowe, Vermont, Whitefish, Montana, and Lake Placid, New York have in common? The three U.S. towns made Travel & Leisureâs 25 Most Beautiful Small Towns. If you only want a house for part of the year, with elevated mortgage rates and home prices having risen considerably, the solution might be buying 1/6 of a house. Or sharing equity, which is what some of your borrowers and homeowner clients consider. âAn Unlock HEA gives you cash in exchange for a portion of your homeâs future value.â Or one can live underwater. (Todayâs podcast can be found here and this weekâs is sponsored by Built Technologies. Construction and real estate solutions for better financial management. Improve business performance with faster, smarter tools, for all stages of the property lifecycle. Todayâs has an interview with Sasha Ramani, CEO of MPOWER Financing on companies beginning to ditch credit scores when loaning money. Broker and Lender Products and Services The Konami Code is one of the most well-known cheat codes in video game history. Unfortunately, lenders canât just press a sequence of buttons to make productivity struggles disappear. But that doesnât mean there isnât a solution thatâs nearly as simple and effective! SimpleNexus, an nCino company, is helping lenders hack the mortgage experience with its single-sign-on mobile homebuying application that connects lenders, real estate agents, and homebuyers from pre-application to close. If youâre attending ICE Experience 2023 this week, SimpleNexus invites you to âLevel Upâ at booth #125. Come for the free t-shirts and stay for the retro video games and illuminating discussions about the latest advancements in digital home lending. Want to put your name on the mortgage industryâs leaderboard? Earn a top score with SimpleNexus.
Sales of new U.S. homes increased in January by more than expected to the highest level in nearly a year, fueled entirely by purchases in the South, indicating some stabilization in the housing market after a brutal year. Purchases of new single-family homes rose 7.2% to an annualized 670,000 pace after an upwardly revised 625,000 … [Read more…]
Yes, that’s right– our new mortgage offering is coming soon. While we’re still several weeks away from…
BBMC Mortgage has worked alongside homebuyers across the country for just under ten years, yet in that short time, it’s earned a positive reputation as a national online lender. The company offers a standard selection of home loan products, including conventional fixed and adjustable-rate mortgages, along with government-backed programs like FHA, VA, and USDA. BBMC’s […]
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Wells Fargo issued pink slips to employees in its home lending business on Tuesday following its decision to exit the correspondent channel.