Nonbank mortgage production posts highest profits since 2021
Increasing loan balances, reduced head count and higher seasonal volume led nonbanks to report the highest loan production profits in years last quarter,...
How Will Mortgage Rates Move Lower Without Bad Jobs Numbers?
I got to thinking the other day that absent bad jobs numbers, it will be difficult for mortgage rates to move much lower...
How to Purchase a Home Using a Reverse Mortgage Loan
What if you could buy your dream retirement home without monthly mortgage payments?Â
If you’re 62 or older and thinking about making a move,...
Understanding Special Purpose Cash-Out Refinance Rules: Fannie Mae Vs. Freddie Mac
When it comes to a Special Purpose Cash-Out Refinance, it’s essential to know how the guidelines differ between Fannie Mae and Freddie...