2008 Buyers Lending Loan Officers 
Housing Wire
MAY 26, 2022
While financial institutions are taking note of the increased attention for ARMs, some loan officers said many consumers think the cost to get ARMs is not worth the risk compared to a 30-year mortgage rate. Some buyers who couldn’t qualify for a conventional mortgage turned to an ARM to make lower monthly payments.
Housing Wire
JUNE 16, 2022
The Federal Reserve ’s 75 basis point interest rate hike – its largest since 1994 – proves the central bank is laser-focused on slowing inflation, but loan officers and housing economists don’t expect mortgage rates to come down until consumer prices fall. There’s still demand for homes, loan officers told HousingWire. “I
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Housing Wire
JUNE 1, 2023
Are low-FICO, first-time homebuyers better off with a conventional mortgage and reduced LLPA fees, or an FHA loan with none at all? We spoke to multiple loan officers and Washington, D.C.-based They’re trying to protect their portfolios and make good loans. based think tank Urban Institute to hear their takes.
Appraisal Buzz
MAY 17, 2021
Prices were escalating quickly, and buyers were purchasing in a frenzy for fear of being left behind and not being able to get their foot on the property ladder. In the run-up to the 2008 market crash, appraisers were overworked and took on more than they reasonably could handle. Appraisers’ jobs are not to facilitate mortgage lending.
Housing Wire
MARCH 10, 2021
The community lending segment has experienced impressive growth over the last 10 years. Community lenders also have a strong opportunity to grab market share this year by providing financial education and insight into the lending process.
Housing Wire
JUNE 15, 2022
But this year, as rates have crested 6%, about 70% of Neat’s originations are adjustable-rate mortgages, a product that until recently had fallen out of favor due to the role they played in the housing crash of 2008 and a decade-plus of fixed-rate mortgages under 5%. . It’s not a bad thing for borrowers, lenders, and loan investors.
Housing Wire
AUGUST 25, 2022
During the second-quarter earnings season, executives from publicly traded mortgage lenders detailed their forays into jumbo loans, non-qualified mortgages, reverse mortgages, home equity products and even personal loans. It comes at a time in which the housing market favors buyers and seller concessions become more frequent.
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