Most Recent Mortgage News

Trump budget suggests eliminating some CDFI funds

Trump budget suggests eliminating some CDFI funds

WASHINGTON — The White House’s proposed budget pitches eliminating Community Development Financial Institution Fund’s discretionary awards.  In President Donald Trump’s...

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Brokers say business will rise in 2025 but expect to work into their 70s: HSBC    – Mortgage Strategy

Brokers say business will rise in 2025 but expect to work into their 70s: HSBC    – Mortgage Strategy

Brokers expect residential and buy-to-let business to jump this year, but when looking ahead at their careers most still plan...

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High DTI Ratios Continue to Be the Leading Cause of Mortgage Denial

High DTI Ratios Continue to Be the Leading Cause of Mortgage Denial

Last year marked yet another year where high debt-to-income income ratios were the leading cause of denial for mortgage applicants....

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How to maximize commercial mortgages for home buyers, sellers, and investors

How to maximize commercial mortgages for home buyers, sellers, and investors

Commercial mortgages are loans used to buy or refinance properties that are intended for business use. Some examples include:  ...

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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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