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Lenders target growing Hispanic homeownership market

Housing Wire

Chicago-based Guaranteed Rate this week rolled out an expanded Language Access Program, which has applications and loan servicing in Spanish for consumers in all 50 states. A Spanish website and mortgage applications tool to help Hispanics overcome language barriers went live this week by CrossCountry Mortgage.

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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. Here are some expectations and recommendations: First , the refi/purchase mix should be carefully evaluated down to the loan officer level.

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ChatGPT for Appraisers

Appraisal Today

ChatGPT: Valuable Tool or a Replacement for Real Estate Appraisers? NOTE: Please scroll down to read the other topics in this long blog post on non lender appraisals, liability, markets with few sales, Bias, unusual homes, mortgage origination A California Winery With a 91-Acre Vineyard for $12,995,000 Red Soles Winery, a 91-acre vineyard.

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What role can mortgage brokers play in fair housing?

Housing Wire

There is a lack of financial literacy in schools and in many communities, and we want to help provide the tools people need to understand home buying and what that process looks like. KW: NAMB has been actively advocating for mortgage brokers since 2003. We ended up losing 65% of the broker channel in the market.

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