by mdibrino@hqmloans.com | Oct 19, 2022 | Uncategorized
Shuttered non-QM lender Sprout Mortgage is facing a lawsuit for breaching a $175 million contract with warehouse lender FirstFunding. FirstFunding, a subsidiary of First American Financial Corporation, filed the lawsuit against Sprout last week in the US District...
by mdibrino@hqmloans.com | Oct 19, 2022 | Uncategorized
Read more: Freddie Mac announces new initiative to help renters achieve homeownership Adam Monti (pictured right) was also elevated to vice president of conventional underwriting – overseeing underwriting and credit nationwide for conventional loans. He has been with...
by mdibrino@hqmloans.com | Oct 19, 2022 | Uncategorized
“So, my past, my upbringing, what I grew up from, it’s a blessing to be here. I’m excited. To be able to do what I’m doing, not only to be able to kick in the door, but to kick in the door and hold it open for others, for the next me, and the next them can also see a...
by mdibrino@hqmloans.com | Oct 19, 2022 | Uncategorized
Real estate NFTs have gained traction in the previous months as more companies and investors have started to adopt this new way of buying and selling properties. Real-life assets can now be bought and sold as NFTs on a blockchain, cutting out intermediary fees. “I...
by mdibrino@hqmloans.com | Oct 18, 2022 | Uncategorized
Here’s how it works: Non-delegated correspondent lending enables mortgage lenders to control processing, closing and funding while the lending partner (such as Rocket Mortgage) is responsible for the underwriting, company officials explained. After closing, Rocket Pro...
