Mortgage brokers typically make a 1% to 2% or more commission from each loan they broker, but a lot of other variables determine how much money they make in a year
For all the rapid price growth single-family homes have seen in the last year, an unexpected segment of the housing market has actually seen even faster price growth in recent years, according to a new report
The dollar amount of loans distributed during the fourth quarter of 2020 was also the highest quarterly amount distributed since at least 2000
The number of mortgage loans in forbearance stayed constant from the previous week, according to the Mortgage Bankers Association
The total share of loans in forbearance dropped to 7.67% of servicers' portfolio volume, according to data released Monday by the Mortgage Bankers Association
The amount of mortgages in forbearance declined for the fifth straight week, from 8.18% to 7.8% the week ending July 12, 2020
The settlement applies to borrowers who were enrolled in interest-only loan modifications by Caliber, as well as customers who are dealing with the economic fallout of COVID-19
53% of homebuyers say they now plan to buy a home within the next year as a result of factors surrounding the pandemic, according to online lending marketplace LendingTree
The tools, available on iOS, Android and desktop, provide buyers with a detailed estimate of what it will financially take to own a home
Homeownering.com offers mortgage management and homeownership tools to consumers
Defect loan applications are steadily dropping across the country, First American says
New online home loan tracking tool aims to make the homebuying process more ‘fun and easy’ with a Monopoly-inspired board
TRID is causing some headaches, but you can help to relieve some of the pain
From consultation to post-approval, you can be the guide for your homebuyers
ComplianceEase’s VOE Xpress tool helps lenders comply with ATR/QM rule and investor requirements