Most Recent Mortgage News

Mortgage lender Rate turns focus to nontraditional income

Mortgage lender Rate turns focus to nontraditional income

National lender Rate Cos. unveiled a new product strategy this week aimed to serve entrepreneurs and other self-employed individuals with...

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LendInvest promotes Ardron and Larking to MDs – Mortgage Strategy

LendInvest promotes Ardron and Larking to MDs – Mortgage Strategy

LendInvest Mortgages has promoted Leanne Ardron to managing director of short-term lending and Steve Larkin to managing director of development...

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Mortgage Rates Want a Trade Deal, But Patience Might Be Needed

Mortgage Rates Want a Trade Deal, But Patience Might Be Needed

If the last few days are any indication, mortgage rates want a trade deal. They don’t like tariffs, trade wars,...

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Why brokers leaving the US mortgage industry could be a good thing

Why brokers leaving the US mortgage industry could be a good thing

Those factors mean that loan originators and brokers will continue coming to the fore, Holmes said, when both purchase and...

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Flagstar pins the success of its turnaround on C&I growth

Flagstar pins the success of its turnaround on C&I growth

UPDATE: This article includes additional information from Flagstar’s first-quarter earnings call. Joseph Otting, the chairman and chief executive of Flagstar...

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Nationwide intros sub-4% switcher and remo deals – Mortgage Strategy

Nationwide intros sub-4% switcher and remo deals – Mortgage Strategy

Nationwide has lowered rates across its switcher and remortgage ranges by up to 0.29 percentage points. The new rates, across...

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Here’s Why the Housing Market Isn’t Crashing Today

Here’s Why the Housing Market Isn’t Crashing Today

With home prices out of reach for many today, an obvious question has been when will the housing market crash?...

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A coming HELOC surge could help brokers bring business to the next level

A coming HELOC surge could help brokers bring business to the next level

“Obviously, demand for loans in general is subdued,” Stratis told Mortgage Professional America. “Purchase markets are down, the refi markets...

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Castlelake LP, Invictus Capital Partners team up on non-QM

Castlelake LP, Invictus Capital Partners team up on non-QM

Castlelake LP has agreed to purchase a maximum of $2 billion in new non-agency mortgages from Invictus Capital Partners through...

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Renters almost twice as likely to report rising costs as homeowners: ONS   – Mortgage Strategy

Renters almost twice as likely to report rising costs as homeowners: ONS   – Mortgage Strategy

Renters are almost twice as likely as mortgage holders to report that their housing costs had risen over the last...

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