by mdibrino@hqmloans.com | Dec 7, 2022 | Uncategorized
There will still be a verification process, Fisher suggested, but not as traditionally stringent: “We will consider your previous year’s W2 and make sure you’re in the same industry, but you own the company now. And we need to see you’re financially doing as well, if...
by mdibrino@hqmloans.com | Dec 7, 2022 | Uncategorized
Refinance applications posted a 5% increase – bouncing back from a 13% plunge the week before – while purchase applications slid 3% week over week. Due to rising rates and the slower pace of mortgage application activity, mortgage originations in the third quarter...
by mdibrino@hqmloans.com | Dec 7, 2022 | Uncategorized
Delinquency rates of commercial and multifamily mortgages hovered near record lows in the third quarter of 2022 despite a challenging market environment. In its latest report, data from the Mortgage Bankers Association revealed that the commercial and multifamily...
by mdibrino@hqmloans.com | Dec 7, 2022 | Uncategorized
The GSE’s underwriting guidelines now include assessment of a borrower’s cash flow activity
by mdibrino@hqmloans.com | Dec 7, 2022 | Uncategorized
Mortgage tech company Path Software has added new third-party origination (TPO) functionality to its mortgage loan origination system. The new capability, called Path TPO, allows users to generate loans from smaller lenders and mortgage brokers. According to the...
