Country Club Mortgage to lay off employees, including CEO, and shutter offices

Country Club Mortgage to lay off employees, including CEO, and shutter offices

Country Club Mortgage, a home lender based in California, has decided to lay off over 100 employees due to “facility closures,” documents sent to state regulators show.  “This letter serves to give you an amended... Read more »
Reducing risk: How mortgage, title and real estate companies can build cyber resilience

Reducing risk: How mortgage, title and real estate companies can build cyber resilience

The rash of recent mortgage and title industry data breaches serves as a sobering reminder of the paramount importance of cybersecurity. In this first installment of our reducing cyber risk series, let’s... Read more »
KBW's Jade Rahmani: We're cautious on the commercial mortgage REITs

KBW's Jade Rahmani: We're cautious on the commercial mortgage REITs

Jade Rahmani, KBW managing director, joins 'Fast Money' to talk the commercial real estate market. Source link Read more »
Country Club Mortgage to lay off employees, including CEO, and shutter offices

Mortgage apps uptick spreads optimism on a refi recovery

Mortgage rates at their lowest level in three weeks led to an increase in borrowers’ demand for home loans last week, spreading some optimism in the industry in the first few weeks of... Read more »
Country Club Mortgage to lay off employees, including CEO, and shutter offices

UWM sunsets FindAMortgageBroker.com, rebrands to Mortgage Matchup

Top U.S. mortgage lender United Wholesale Mortgage (UWM) has rebranded its consumer-facing website FindAMortgageBroker.com to Mortgage Matchup. Mortgage Matchup will continue to be a consumer-facing website focused on homebuyers and real estate... Read more »
January homebuilder sentiment improves, following mortgage rate drop

January homebuilder sentiment improves, following mortgage rate drop

A home is constructed at a housing development on June 21, 2023 in Lemont, Illinois. Scott Olson | Getty Images Homebuilder sentiment improved in January, jumping 7 points to 44 on the... Read more »
What will my monthly mortgage payment be?

What will my monthly mortgage payment be?

Accurately calculating your monthly mortgage payment can be a critical first step when determining your budget. Enter your details below to figure out what you might pay each month. Looking to buy... Read more »
New G-Rate program allows sellers to permanently buy down their buyer’s mortgage rate

New G-Rate program allows sellers to permanently buy down their buyer’s mortgage rate

Guaranteed Rate has introduced a new feature that allows sellers working with a G-Rate loan officer to pay a fee that locks in a permanently discounted mortgage rate for a buyer. Known... Read more »
Country Club Mortgage to lay off employees, including CEO, and shutter offices

Mortgage volumes collectively fell $138B at Wells, JPMorgan and BofA in 2023

In January 2023, Wells Fargo announced the decision to exit the correspondent business, and originations through the channel declined to $1.1 billion for the year from $44 billion in 2022. But the... Read more »
Country Club Mortgage to lay off employees, including CEO, and shutter offices

Rhode Island historian uses a reverse mortgage as an estate planning tool

A proprietary reverse mortgage from Finance of America Companies (FOA) now secures the home of Rhode Island’s honorary historian laureate after the property was returned to the owner after attempts to bequeath... Read more »