AmeriSave accused of defamation, failure to pay wages in lawsuit
AmeriSave Mortgage Corp. is accused by a group of former employees of failing to pay their wages, bonuses and commissions.
AmeriSave Mortgage Corp. is accused by a group of former employees of failing to pay their wages, bonuses and commissions.
When shopping around for a mortgage, it can be a little daunting since there are so many different titles of people that can help you get that house loan and […]
The post Blog first appeared on MilitaryVALoan.com.
VyStar is a credit union that has been based in Jacksonville, Florida since 1952. Today VyStar is the second-largest mortgage lender in Northern Florida, providing individuals throughout the Sunshine State with conventional, jumbo and cash-out refinance loans. Table of Contents: About VyStar VyStar Rates Mortgage Options Customer Service Mortgage Qualifications About VyStar Mortgage In more […]
The post VyStar Mortgage Review appeared first on Good Financial Cents®.
Here’s a shocker. Only about 40 percent of borrowers obtain more than one mortgage quote, according to a survey conducted by Harris Interactive and mortgage comparison service LendingTree. Despite this, more than nine in 10 borrowers understand that mortgage rates vary among mortgage lenders, which explains why only three in 10 felt “very confident” they… Read More »Most Consumers Only Obtain One Mortgage Quote
The post Most Consumers Only Obtain One Mortgage Quote appeared first on The Truth About Mortgage.
Every lender or investor with an âaâ in their name seems to be subject to rumors and news in recent months. (More on Flagstar and American Pacific below.) Know anyone named âBernadetteâ? The name is actually Latin for, âThe act of torching a mortgage.â (Yes, it is cutting edge humor like that which brings you back.) Burning liens isnât a topic, but paying them off early is, and with mortgage rates off of their highs, early pay offs, or EPOs, were a conversation topic at the conference this week. And with it, loan officer compensation follows. Can a lender pay an originator based on pull through? Yes. Can lenders pay different originators under different payment plans, as long as the originator sticks with one plan? Yes. Can a lender, if they comply with state labor law, ask for compensation back after an EPO or EPD? Yes, and it may depend on the contract signed by both parties at the beginning of employment. As always, consult your in-house counsel or a lawyer well-versed in mortgage banking. While weâre on originators, occasionally I am asked about training for brand-spanking-new loan officers. No, this is not a paid ad, but veteran LO Tanya Blanchard has created Madison Chase Academy, â6 Months to 6 Figures: A Loan Officerâs Guide to a Profitable Businessâ with a sneak peak on the website. (This weekâs podcast is sponsored by Richey May, a recognized leader in providing specialized advisory, audit, tax, technology, and other services in the mortgage industry and in banking.)
With a name like âFirst Home Mortgage,â you would expect a serious commitment to home buyers. And thatâs exactly what the company offers, with superior customer service and a wide range of product offerings. The highlight might be access to down payment assistance programs from six state housing finance agencies. This can make the dream… Read More »First Home Mortgage Review: A Maryland Mortgage Lender with a Strong Focus on Home Buyers
The post First Home Mortgage Review: A Maryland Mortgage Lender with a Strong Focus on Home Buyers appeared first on The Truth About Mortgage.
This week, the Federal Reserve raised its benchmark interest rate by another 0.5 percent â its seventh consecutive increase in 2022. This December rate hike comes as the result of continued efforts to curb inflation, an uphill battle the Fed has been facing since the start of the pandemic. Still, the 0.5 percent increase is… View Article
The post Fed Raises Rates Again by 0.5 Percent, Committed to Curbing Inflation first appeared on Total Mortgage.
Despite a recent decline in mortgage rates, the housing market is still nowhere near normal and volume will remain low for the foreseeable future.
Carrington Mortgage Services, LLC is the primary business of the Carrington Holding Company. While the holding company was founded in 2003, its mortgage services sector was established in 2007. The mortgage provider is headquartered in Anaheim, California, and offers a comprehensive suite of lending and mortgage services. About Carrington About Carrington Mortgage Options Application Mortgage […]
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APM announced an asset purchase agreement with Lend Smart Mortgage to close more loans throughout the country.