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What MBA’s forecast means for mortgage originators

Housing Wire

history next to 2003. Frankly, what will be left in the refi market will likely be harder credit quality transactions that a hungry mortgage origination industry will turn to as volumes drop. The analysis may expose training needs for respective production teams. But training and trainers must have content. Conclusions ?

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More than ever, lender profitability requires maintaining pace with innovation

Housing Wire

In light of this, HousingWire recently caught up with Teraverde Chief Technology & Innovation Officer Rob Peterson to learn more about the key to lender profitability in today’s lending environment. HousingWire: As businesses of all types begin to rely more heavily on automation, is the mortgage industry doing enough to keep pace?

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Exclusive: CrossCountry Mortgage CEO Ron Leonhardt talks AmCap acquisition, future targets

Housing Wire

Rapidly expanding Cleveland, Ohio-based CrossCountry Mortgage (CCM) has struck a deal to acquire the smaller retail mortgage lender AmCap Home Loans and bolster its operations in Texas. In November, the source added that CCM originated about 340 units and $112 million in mortgage volume in the state. billion in loans in 2023.

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HUD outlines reverse mortgage wish list in budget proposal

Housing Wire

Department of Housing and Urban Development (HUD) are a few key priorities related to the Federal Housing Administration (FHA) and its Home Equity Conversion Mortgage (HECM) program. Of that total, $220 billion is estimated for standard forward mortgages and $17.9 Within the congressional justifications for the U.S.

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Appraising Solar Panels

Appraisal Today

If you want to continue AMC/lender appraising and need more education and training, get it now while you’re not very busy. Mortgage lending is very cyclical and dependent on mortgage rates. Varies widely around the country. ==< Mortgage applications increased 3.7 Ask them how to get on the exclusive lists.