by mdibrino@hqmloans.com | Apr 3, 2023 | Uncategorized
Unfortunately, there’s no easy way for consumers to discern if a bank is potentially in trouble given its investments mix, Stephens confirmed. “It’s quite difficult to predict, and as we’ve seen with Silicone Valley it happens very, very quickly. Rather than worrying...
by mdibrino@hqmloans.com | Apr 3, 2023 | Uncategorized
Tenesha Evans: I have been in the mortgage industry for 10 years. I started as a junior loan officer in 2012. I wanted to chase my passion for helping first-time homebuyers, as family is so important to me. There’s a wide range of homebuyers here in...
by mdibrino@hqmloans.com | Apr 3, 2023 | Uncategorized
“Although annual home equity gains slowed significantly in the fourth quarter of 2022, the average borrower still has about $270,000 in equity, which can safeguard against foreclosure,” CoreLogic said in the report. “Additionally, although layoffs at...
by mdibrino@hqmloans.com | Apr 3, 2023 | Uncategorized
Nationwide, many would-be homebuyers have been waiting on the sidelines for mortgage rates to come down before committing to purchasing. At one point last year, rates were at historically low levels of 2% and 3% only to rise to the current level of around 7% —...
by mdibrino@hqmloans.com | Apr 3, 2023 | Uncategorized
Cenlar FSB, the nation’s largest loan subservicer, has made five key promotions across various divisions. Industry veteran William Benefield, former manager of default contact center, has been appointed the new director of the unit. In his new role, Benefield...