by mdibrino@hqmloans.com | May 31, 2023 | Uncategorized
The inspiration to launch the program is to help consumers buy homes, he said, without mention of rival UWM: “I’m in the business of changing people’s lives,” Fawaz said. “This is a program that can change American lives. It hasn’t been a kind market for any of us,...
by mdibrino@hqmloans.com | May 31, 2023 | Uncategorized
Application volume for mortgage loans declined for the third consecutive week against an increasingly cloudy economic backdrop, the Mortgage Bankers Association reported today. MBA’s Market Composite Index, a measure of mortgage applications, slumped 3.7% on a...
by mdibrino@hqmloans.com | May 31, 2023 | Uncategorized
loanDepot has named company veteran Alec Hanson (pictured) as its new chief marketing officer, effective immediately. The lender promoted Hanson, previously senior vice president of production for the West division, to lead its marketing team and oversee the...
by mdibrino@hqmloans.com | May 31, 2023 | Uncategorized
Penn added that this acquisition will result in greater operating efficiencies, a larger market capitalization, and attractive long-term unsecured debt and preferred equity capital. Read more: Ellington Residential Mortgage REIT publishes Q4 financial report “Upon...
by mdibrino@hqmloans.com | May 31, 2023 | Uncategorized
The year-over-year house price index also rose modestly, up 0.7% in March. The acceleration was apparent in many Western states. “The CoreLogic S&P Case-Shiller Index squeezed a 0.7% year-over-year increase in March. But, monthly gains, up 1.3% from February, are...
