It’s been a tough year or so for Wells Fargo, the undisputed king of mortgages. While they continue to lead the nation in home loan… Read More »Wells Fargo Hit with Lawsuit Related to Improper Mortgage Lock Fees
A mortgage bank by the name of “360 Mortgage Group” is making some lofty claims, one being a 15-minute full mortgage approval. The company says… Read More »360 Mortgage Group Touting 15-Minute Mortgage Approval Sans Loan Officer
Think you can’t get a jumbo home loan these days? Think again. Power couple Jay-Z and Beyoncé somehow managed to get a $52.8 million-dollar mortgage… Read More »Jay-Z and Beyoncé Take Out $52.8 Million Mortgage on Bel Air Home
Nationstar Mortgage, which was once on the brink of failure, officially announced its name change to “Mr. Cooper” in August 2017. The move appeared to… Read More »Mr. Cooper Mortgage Review: The Lender Formerly Known as Nationstar
Sometimes I’m surprised I miss the most basic of mortgage definitions, seeing that this blog has been around for more than a decade, but alas,… Read More »Primary Residence vs. Second Home vs. Investment: Know the Key Differences
Here’s something that may finally speed up the typically slow home loan process: an appraisal-less home purchase. Yep, it’ll be a reality for some folks… Read More »Soon You May Be Able to Buy a House Without an Appraisal
We’ve been worrying that mortgage rates would go up for years now, but it just hasn’t happened yet. Sure, they’re up a little bit from… Read More »These Six Things Will Happen If Mortgage Rates Go Up
I’ve got more Millennial mortgage data for you, courtesy of the monthly Ellie Mae Millennial Tracker. This is a heavily watched group because they’re expected… Read More »Millennials Favor Conventional Mortgages Over FHA
If you have an adjustable-rate mortgage, I’ve got some important news for you. The London Interbank Offered Rate, or LIBOR as it’s known to most,… Read More »What Will Happen to Your Mortgage When the LIBOR Goes Away? Hello SOFR!
While we’ve come a long way since housing bottomed, the memories of how we got there still don’t feel very distant. A lot of things… Read More »1% Down Payment Mortgages Come Under Fire
