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LodeStar integrates with Stewart

Housing Wire

Closing fee-related compliance tool provider LodeStar is integrating with title insurance provider Stewart , the companies said Monday.

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USAA Federal Savings Bank cuts 130 positions in real estate lendingĀ 

Housing Wire

San Antonio, Texas-headquartered USAA eliminated 130 positions in the real estate lending group amid projections that the mortgage industry will shrink in 2023. The bank has 197 active loan officers and 12 branches across the country. It has offices in seven U.S. While refis consisted of 56.7%

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These mortgage lenders have cut jobs in 2022

Housing Wire

Pink slips will arrive for California employees at six offices in Thousand Oaks, Pasadena, Roseville, Westlake Village, Agoura Hills, and Moorpark. The latest round of WARN notices will impact 59 loan officers in the Thousand Oaks, Pasadena, and Roseville offices. Rosemont, Illinois-based Interfirst Mortgage Co.

Mortgage 407
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Do You Need 20% Down To Buy A Home?

PennyMac

Conventional loans, the most common mortgage type, require Private Mortgage Insurance (PMI) with a down payment of less than 20%. However your PMI can be removed (by request) once you’ve hit a 78% loan-to-value ratio in some cases. Check with your Human Resources department to see if this is a benefit that is offered.