Are your Mortgage Lending Policies and Procedures both Current and Compliant?
Broker to Banker | Latest | Posted on September 30, 2022 at 1:42 am by Sean A. Stephens, Esq., CMB®
Whether you are a mortgage broker or mortgage banker, it is critical to understand if your mortgage lending policies and procedures are both current and compliant! Having mortgage lending policies and procedures that are both current and compliant is a
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Happy Labor Day!
Latest | Posted on September 2, 2022 at 2:53 am by Sean A. Stephens, Esq., CMB®
Angel Oak Mortgage Posts Consecutive Quarterly Loss Amid Challenging Economic Environment
Industry News | Latest | Posted on August 19, 2022 at 7:14 pm by Sean A. Stephens, Esq., CMB®
Angel Oak Mortgage Inc. (NYSE: AOMR) delivered a second consecutive quarterly loss. Like others in the business, Angel Oak Mortgage, Inc cites a “challenging economic environment” as a leading cause for the company’s repeated quarterly losses, Like other real estate
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LoanDepot Shutting Down Wholesale Channel after Second Consecutive Quarterly Loss
Industry News | Latest | Posted on August 12, 2022 at 7:05 pm by Sean A. Stephens, Esq., CMB®
As 2022 continues so does the turmoil throughout the mortgage industry……… California-based mortgage lender Loandepot Inc. (NYSE: LDI) is embarking on a significant reorganization of its business model. To focus on what it does best, the lender plans to shut
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Part 3 – What questions should a mortgage lender ask their warehouse bank?
Broker to Banker | Latest | Posted on July 22, 2022 at 2:48 am by Sean A. Stephens, Esq., CMB®
How many warehouse lines does a mortgage banker need? What questions should a mortgage lender ask their warehouse bank? As a quick recap, In Part 1 of our warehouse bank series, we discussed key questions to ask which involved warehouse
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Part 2 – What questions should a mortgage lender ask their warehouse bank?
Broker to Banker | Latest | Posted on July 15, 2022 at 3:01 am by Sean A. Stephens, Esq., CMB®
What warehouse line is best for your mortgage business? What questions should a mortgage lender ask their warehouse bank? In Part 1 of our warehouse bank series, we discussed key questions to ask which involved warehouse bank associated costs, principal
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