Featured Top Originator: Daniel Sa, NFM Lending
Daniel Sa knows the power of mentoring. The president of the Great Lakes Division of NFM Lending and one of this year’s top originators, Sa was born and raised in Brazil where his parents worked as professors at a university. Like many kids, Sa grew up dreaming of being a rock musician or a professional […]
Mortgage rates see another slight downtick this week: Freddie Mac survey
Both the 30-year and 15-year rates have stayed in a tight range over the past month
Downpayment assistance programs gain importance if federal funding falters
The average downpayment in the U.S. reached a record high of $30,250 last year
Q&A: Doug Jones, president and chief mortgage banking officer, Pennymac
The mortgage market will withstand peaks and valleys in 2025
Weekly mortgage applications fall on economic volatility
International conflicts and tariff uncertainties discouraged potential home buyers
Commercial and multifamily mortgage debt rises in the first quarter of 2025
The gains show ‘continued appetite for real estate investment’: MBA
Mortgage demand for new homes evaporates in May
Prospective buyers stayed away in May following an April surge: MBA survey
Mortgage closing costs are high. Transfer taxes are a big reason.
Closing costs averaged $4,661 nationally in 2024: LodeStar
Senate passes trigger leads bill as legislation nears finish line
Mortgage industry leaders back the Homebuyers Privacy Protection Act, which advanced in the House
Industry Watch: An active time for Fairway Independent Mortgage, FBC Mortgage, Blue Sage Solutions and others
Fairway Independent Mortgage Corp. announced that it has agreed in principle to an asset sale with Indiana-based Hallmark Home Mortgage, which is licensed in 20 states. Hallmark will be a new division of Fairway, with Hallmark CEO and founder Deborah Sturges joining Fairway with the title of president, Hallmark Home Mortgage. Fairway CEO and founder […]