Mortgage loan originators must be licensed by a state or federal authority, and are mandated to act in the consumer's best interests. You’re ready to buy the home of your dreams, and now it’s ...
The state bill would also mandate third-party appraisal of properties and offer a three-day window for consumers to withdraw ...
Rumors of a sharp decline in loan officer numbers are plaguing the market. Despite that, RETR and MBA data tell a different ...
Financial institutions that purchase mortgage loans in Maryland, including securitization trusts and other secondary market purchasers, face a ...
Mortgage 1 Inc., founded in 1994, says customers and regulators have mistakenly contacted it instead of Mortgage One Funding, ...
Utilizing third-party resources, SitusAMC can be your go-to for enhancing primary market origination. Here is how it works.
Origination fees are among the many costs you should research when choosing a mortgage lender. When it comes to the closing costs you’ll face when signing the paperwork for your loan ...
The origination fee covers the cost of processing your mortgage application. It can sometimes be a flat rate, but more commonly, it's a percentage of your total loan — typically between 0.5% and 1%.
Although Movement Mortgage is licensed in all 50 states and Washington ... However, prospective borrowers will likely need to speak to a loan officer to determine the availability of construction ...