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Are your Mortgage Lending Policies and Procedures both Current and Compliant?

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!

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Angel Oak Mortgage Posts Consecutive Quarterly Loss Amid Challenging Economic Environment

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

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?

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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What questions should a mortgage lender ask their warehouse bank?

Part 2 – What questions should a mortgage lender ask their warehouse bank?

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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