NMP – Mortgage News – Daily News, Rates, and Analysis
WEBOct 04, 2024. Buying Power Improves As Rates Descend, Realtor.com Reports. Recent rate improvements have boosted home shoppers' buying power by more than $74,000. Analysis and Data. Oct 03, 2024. Mortgage Rate Locks Buoyed By Refis. MCT reports 3.17% increase in September. Analysis and Data. Oct 03, 2024.
SPS Acquires Rushmore Loan Management Services – NMP
WEBSep 19, 2022 · The acquisition will include hiring Rushmore servicing personnel and assuming Rushmore servicing contracts. Select Portfolio Servicing Inc. (SPS) has entered into a definitive asset purchase agreement with Rushmore Loan Management Services LLC to acquire certain Rushmore assets, the company announced today. The acquisition will …
UWM Launches Nationwide Listing of Independent Mortgage …
WEBMay 7, 2018 · UWM Launches Nationwide Listing of Independent Mortgage Brokers. May 07, 2018. By NationalMortgageProfessional.com. United Wholesale Mortgage (UWM) has launched a consumer-facing Web site, FindAMortgageBroker.com, dedicated solely to promoting the advantages of working with a Mortgage Broker for borrowers, as well as …
The Latest Daily News for Mortgage Professionals | NMP
WEBCoreLogic HPI reflects lowest growth rate in over a year. All the news from the mortgage industry for originators, including rates, analysis, technology, non-QM loans and other lending products, mortgage hires, and other mortgage industry updates.
Mr. Cooper To Acquire Rushmore Residential Loan Servicing …
WEBApr 26, 2023 · The announcement of the deal to acquire Rushmore’s residential mortgage servicing platform came the same day as Mr. Cooper Group reported its financial results for the first quarter of 2023. The company reported net income of $37 million, or 52 cents per diluted share, up substantially from net income of $1 million, or 1 cent per diluted ...
Mortgage Events, Conferences, Webinars, and Expo Shows | NMP
WEBConnect with your local mortgage community. Find mortgage events across the nation, brought to you by the Originator Connect Network. Register for free with our promo code: MORTGAGEPRO. NMPs calendar of upcoming events for originators and mortgage bankers. Attend in-person conferences, expo shows, virtual conferences, webinars, and …
Mortgage Regulation and Compliance News | NMP
WEBMulvey joins Treliant as a Senior Managing Director in its Regulatory Compliance, Mortgage, and Operational and Enterprise Risk Management Solutions practice. Mortgages rules, regulation, and compliance affecting mortgage bankers, loan originators, and servicers. Updates from the CFPB, HUD, FHFA, how to understand them, and how they …
LO licensing information to be made public through NMLS …
WEBJan 13, 2010 · LO licensing information to be made public through NMLS Consumer Access. Jan 13, 2010. By NationalMortgageProfessional.com. On Jan. 25, the Nationwide Mortgage Licensing System & Registry (NMLS) is scheduled to launch a consumer focused Web site, NMLS Consumer Access, which will make information available about …
The Survival Of Wholesale And Correspondent Lending
WEBSep 22, 2020 · A wholesale transaction occurs when a third-party originator, originates a loan and sends that specific loan to a direct lender to be underwritten, closed and funded by the lender. The loan is closed in the lender’s name. Once closed, the lender immediately assumes ownership of that loan. A correspondent transaction is a more controlled ...
Licensing Requirements for Mortgage Loan Originators
WEBOct 18, 2022 · Education and Testing Requirements. The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) was passed in 2008 and became effective on Aug. 1, 2009. This law mandates certain requirements for people who want to become mortgage loan originators. Under the law, prospective MLOs must register with the …