Maria Elena Jaimes Maria Elena Jaimes has joined Mortgage consultancy Mortgage Advisory Partners (MAP) as managing director of training and development. Jaimes has more than 30 years of experience in the real estate and mortgage finance industries. She has previously held executive-level roles with Homepoint Financial and Stearns Lending. Her […]
Agile, a Philadelphia-based fintech company focused on mortgage-backed securities (MBS), announced on Monday the execution of the mortgage industry’s first fully-automated Assignment of Trade (AOT) transaction. AOT transactions involve three counterparties — a mortgage originator, a mortgage investor, and a broker dealer — and are designed to transfer loan collateral and hedge positions to a […]
MADISON, Wis., March 27, 2023 /PRNewswire/ — Fairway Independent Mortgage Corp., one of the nation’s largest mortgage banks, and XINNIX, a premier sales and leadership performance company, announced today the kickoff of a major partnership between the two organizations. Fairway and its in-house training branch Fairway Ignite will offer its sales teammates the opportunity to […]
Jimn Kyles of Anchor Bend Church—an Association of Related Churches (ARC) megachurch in Texas—recently urged his congregation to give more money because the church built a new campus it “cannot afford” and is delinquent on its mortgage. Soon afterward, Kyles taught a class on “financial wisdom” at Highlands College, the ministry training school for ARC […]
First-time homebuyers might want to look more closely at what they pay for government-sponsored enterprise versus Federal Housing Administration loans. That’s one outcome of a new pricing grid going into effect at the government-sponsored enterprises and an annual premium cut at the Federal Housing Administration, both of which are aimed at giving borrowers with lower […]
Shares of New York Mortgage Trust, Inc. (NASDAQ:NYMT – Get Rating) have earned a consensus rating of “Hold” from the eight analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating on […]
The skyrocketing of inflation and mortgage rates has made the Help to Buy equity loan harder to pay off, but there are things you can do to manage it. Photo: Getty What the Help to Buy equity loan involves Under the scheme, first time buyers purchase 80% of a new build home with the government […]
About 60% of households will need to refinance their mortgage at higher rates over the next year or so. Property research firm CoreLogic said many households will need to budget for the additional costs, with 50% of the value of existing fixed rate loans due to be repriced within the next 12 months, while another […]
Photo: 123RF About 60 percent of households will need to refinance their mortgage at higher rates over the next year or so. Property research firm CoreLogic said many households will need to budget for the additional costs, with 50 percent of the value of existing fixed rate loans due to be repriced within the next […]
Most of Adriana Perezchica’s home-buying clients aren’t getting the deals they used to. On Monday, one of the sellers she was negotiating with pulled back their initial offer of a 3% discount on a $685,000 home in Washington state. Last week, another buyer had to compete against an all-cash investor and ended up paying $40,000 […]
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