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Verification, CRA Tracking, State-Level Tax and MGIC Webinars, Non-Agency Product Developments

I am no numerologist, but Freddie Mac’s announcement yesterday, that 30-year mortgage rates are averaging 6.66, caught my attention. Unlike rumors, like the one going around about a Texas IMB buying California IMB, hard, provable numbers are hard to argue with… Like the hundreds of thousands of peop
NEXA’s Mike Kortas criticizes loanDepot, pitches LOs to switch companies amid ongoing lawsuit

An ongoing feud between loanDepot and NEXA Lending was brought to light again this week through a social media posst authored by NEXA CEO Mike Kortas, which urges loanDepot loan officers to join NEXA. In the post, which begins with the line “Attn: Loan Depot Loan Officers,” Kortas offered a year of
How Often Do Contingent Offers Fall Through?

Having an offer accepted on a home is a major milestone, but it doesn’t always mean the sale is guaranteed to close. Before the keys are handed over, buyers and sellers still have to navigate inspections, financing, appraisals, and other conditions that can affect whether a deal moves forward. These
Pamela Heman

Pamela Heman

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