Search Results for: Mortgage Broker

Redfin Report: 89% of People With Mortgages Have an Interest Rate Below 6%, Down From a Record 93% in 2022
Fintech News

Redfin Report: 89% of People With Mortgages Have an Interest Rate Below 6%

Fintech News Desk
by Fintech News Desk0
The share of homeowners with relatively low rates has fallen because some have given up on waiting to move until rates nosedive, and everyone who has purchased a home in the last year did so when rates were above 6% Nationwide, 88.5% of U.S. homeowners with mortgages have an interest......
Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%
Banking Finance News

Redfin Reports 2023 on Pace For Fewest Home Sales Since 2008 As Mortgage Rates Hit 8%

Business Wire
by Business Wire0
Redfin economists say this is likely to be the slowest sales year since the Great Recession as persistently high mortgage rates and low inventory spook buyers This year is likely to end with roughly 4.1 million existing home sales nationwide, the fewest since the housing bubble burst in 2008 after......
Newrez Launches New Joint Venture Lender, Onward Home Mortgage
Lending Mortgage News

Newrez Launches New Joint Venture Lender, Onward Home Mortgage

Business Wire
by Business Wire0
Marking an exciting new chapter for homebuyers in the southeast. Newrez, a national mortgage lending and servicing organization, has launched a new joint venture mortgage company, Onward Home Mortgage, through their Newrez Ventures platform and in partnership with Keller Williams Georgia Legacy Group (GLG). Latest Fintech Interview Insights : Bridging......
Motto Mortgage Miracles Now Open in Pennsylvania
Mortgage News

Motto Mortgage Miracles Now Open in Pennsylvania

PR Newswire
by PR Newswire0
New mortgage brokerage franchise provides homebuyers and refinancers competitive rates and access to local professionals that understand the Pennsylvania market Motto Mortgage, the first-and-only national mortgage brokerage franchise brand in the United States focused on transparency and compliance, has a new office in Harrison City, Pennsylvania. Motto Mortgage Miracles is now open and serving all markets throughout the Keystone......
Carrington Mortgage Services Offers 40-Year Loans and Temporary Buydowns
Banking Lending News

Carrington Mortgage Services Offers 40-Year Loans and Temporary Buydowns

Business Wire
by Business Wire0
For homebuyers experiencing rising interest rates, decades-long home price appreciation and the tightening of credit availability, these products are right on time. Carrington Mortgage Services, LLC (CMS), one of the nation’s largest privately held non-bank lenders, boasts an impressive slate of loan offerings and services direct to consumers, investors, mortgage brokers......
Westboro Mortgage Investment Fund Increases its Compounded Annualized Monthly Distribution to Investors to 9.01 Percent
Investment Services Mortgage News

Westboro Mortgage Investment Fund Increases its Compounded Annualized Monthly Distribution to Investors to 9.01 Percent

GlobeNewswire
by GlobeNewswire0
Westboro Mortgage Investment Fund has increased the monthly distribution per eligible Class F unit from $0.070/Unit (70 bps) to $0.073/Unit (73 bps). This increase provides for a non-compounded annualized return of 8.76%, or if the investor opted to reinvest distributions (DRIP), a compounded annualized return of 9.01%. The impressive performance......
Fintech Solutions Developer Devexperts Launches Mobile App for Retail Trading Brokers
Finance News

Fintech Solutions Developer Devexperts Launches Mobile App for Retail Trading Brokers

Business Wire
by Business Wire0
Devexperts, a leading developer and provider of financial software solutions for brokers and financial institutions, announced the launch of DXtrade XT Mobile, a new fully functional mobile app for its DXtrade platform, that will offer retail investors a more user-friendly way to trade and gain market share. “Increasingly, brokers are......
Denver Mortgage Lender Responds to Potential New Mortgage Fee Rule Targeting Good Credit Homebuyers
Mortgage News

Denver Mortgage Lender Responds to Potential New Mortgage Fee Rule Targeting Good Credit Homebuyers

GlobeNewswire
by GlobeNewswire0
The US Mortgages In Denver wants to warn good credit homebuyers that they could be affected by the new mortgage fee rule issued by the Federal Housing Finance Agency (FHFA) in its effort boost the capital of Fannie Mae and Freddie Mac and to make it easier for homebuyers who have been......
Extraco Banks Selects Empower, Black Knight's High-Performance LOS, to Drive Growth in Digital Mortgage Operations
Mortgage News

Extraco Banks Selects Empower, Black Knight’s High-Performance LOS, to Drive Growth in Digital Mortgage Operations

PR Newswire
by PR Newswire0
Extraco Banks will use Empower to spearhead its move into the digital lending arena Black Knight, Inc. announced that Extraco Banks, the largest and most comprehensive locally owned bank between Dallas and Austin, Texas, has signed a contract to implement the Empower loan origination system (LOS). The company selected Empower for its exceptional digital mortgage......
Frontwave Credit Union Selects Empower, Black Knight's Cloud-based LOS, to Help Expand and Scale Mortgage Operations
Lending Mortgage News

Frontwave Credit Union Selects Empower, Black Knight’s Cloud-based LOS, to Help Expand and Scale Mortgage Operations

PR Newswire
by PR Newswire0
The credit union will also leverage integration with Surefire, Black Knight’s CRM tool, to enhance member experience Black Knight, Inc. announced that Frontwave Credit Union, a growing credit union serving military and civilian communities in Southern California, has signed a contract to implement the Empower loan origination system (LOS) and several of its integrated......
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