by mdibrino@hqmloans.com | Jan 4, 2023 | Uncategorized
As increasing numbers leave retail for wholesale, 2023 could very well emerge as the year of the independent broker. Some two years in the making, the trend has been steadily rising as more brokers leave the retail channel. One often-cited count is the 100 loan...
by mdibrino@hqmloans.com | Jan 4, 2023 | Uncategorized
Meanwhile, Cavco is one of the largest producers of manufactured and modular homes in the United States, based on reported wholesale shipments. The company’s finance subsidiary, CountryPlace Mortgage, provides conforming, non-conforming mortgages, and home-only loans...
by mdibrino@hqmloans.com | Jan 4, 2023 | Uncategorized
Figuring prominently in the program is its ability to help consumers put together a down payment. Banfield noted that saving for a down payment is often cited as one of the most daunting barriers toward buying a house. Purchase Plus can help minimize the hurdle by...
by mdibrino@hqmloans.com | Jan 4, 2023 | Uncategorized
Refinance applications decreased by 16.3%, and purchase mortgage applications decreased by 12.2% when adjusted for the holidays. Compared to a year ago, refinance apps were down by 87%, and purchase applications were 42% lower. “Purchase applications have been...
by mdibrino@hqmloans.com | Jan 4, 2023 | Uncategorized
Cornerstone Home Lending (CHL) has announced expanding its lending areas to enable its loan officers to originate mortgages in multiple states without individual state licenses. As part of its strategic initiative, CHL has extended its in-house mortgage loan servicing...
