Residential Loans Drop 3 Percent After Brief Second-Quarter Surge; Purchase and Home-Equity Lending Both Down 7 Percent Following Earlier Gains; But Refinance Activity Rises for Second Straight Quarter IRVINE, Calif., Nov. 30, 2023 /PRNewswire/ — ATTOM, a leading curator of land, property, and real estate data, today released its third-quarter 2023 U.S. …
Read More »Another Quarter of Strong Consistent Performance
Calgary, Alberta–(Newsfile Corp. – November 29, 2023) – Builders Capital Mortgage Corp. (TSXV: BCF) (“Builders Capital” or “the Company”) announced today the release of its third quarter financial results for the period ended September 30, 2023. Highlights include: Total comprehensive income ended the quarter at $817,368 in the third quarter …
Read More »Steps to Take if You Can’t Pay Your Rent or Mortgage This Month
Photo: istockphoto.com Q: I recently lost my job and I don’t think I’ll be able to pay my rent next month. Is there somewhere I can go to for help? Should I call my landlord? A: From time to time, many people go through hardships that affect their finances and …
Read More »Managing Today’s Tech Trends in Mortgage Servicing – DSNews
This piece originally appeared in the November 2023 edition of MortgagePoint magazine, online now. Gagan Sharma is the Founder and CEO of BSI Financial Inc., a cloud-based, open API and AI-driven platform. BSI offers an end-to-end digital servicing platform that enables investors and originators to transact seamlessly, with automated loan boarding, investor reporting, …
Read More »What it is and how it works
Key takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a conventional mortgage if you put less than 20% down. PMI must be terminated at a certain point in your loan term or when your mortgage balance drops to a certain percentage of your home’s …
Read More »Fairway Mortgage Produces First-Ever Reality Docuseries About Lending Originators With Emmy-Winning Director At The Helm
MADISON, Wis., Nov. 29, 2023 /PRNewswire/ — Fairway Independent Mortgage Corp. has enlisted a multiple Emmy Award-winning director to produce the first multi-part reality documentary series about mortgage originators. Titled L.O. Confidential: A Season on the Street, the 3-part behind-the-scenes series totaling 50 minutes is available on YouTube: https://bit.ly/LO_Confidential Director …
Read More »JZZ Technologies, Inc. Closes Acquisition of Oxygen Mortgage
Anderson, South Carolina–(Newsfile Corp. – November 29, 2023) – JZZ Technologies Inc., (OTC Pink: JZZI) (“JZZ” or the “Company”), a diversified company focused on real estate development and digital media, has closed its acquisition of O2 Mortgage, LLC, DBA Oxygen Mortgage (“Oxygen”). With the acquisition of Oxygen Mortgage, JZZ is …
Read More »UK mortgage approvals beat forecasts to hit to 3-month high
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. UK mortgage approvals rose more than expected in October, according to official figures published on Wednesday that point to a stabilisation in the property market after a prolonged period of …
Read More »Could the Scottish Mortgage share price bounce back in 2024?
Image source: Getty Images Rocket company SpaceX has developed the ability to send something a long way up, before bringing it down again. That also describes the share price of SpaceX shareholder Scottish Mortgage Investment Trust (LSE: SMT). While the shares are 43% higher than they were five years ago, …
Read More »US commercial mortgage distress rises in November on office woes -KBRA
The Helmsley Building is lit in rainbow color ahead of the 50th anniversary of the Stonewall riot, in New York, U.S., June 24, 2019. REUTERS/Gabriela Bhaskar/File Photo Acquire Licensing Rights Nov 28 (Reuters) – Late payments on U.S. commercial property loans rose in November, driven by growing distress among office …
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