News & Insights

News & Insight2019-02-04T16:53:36-07:00
1409, 2020

It hasn’t been this hard to get a mortgage in six years

By |September 14th, 2020|Finance, Market, News|

By Kathleen Howley Mortgage credit in August was the tightest in more than six years as a weak economy prompted lenders to tighten standards, the Mortgage Bankers Association said in a report on Thursday. The group’s Mortgage [...]

505, 2020

Loan-Level Pricing Adjustments (LLPA): A Complete Guide For Mortgage Borrowers

By |May 5th, 2020|Uncategorized|

Loan-Level Pricing Adjustments (LLPA) A loan-level pricing adjustment (LLPA) is a risk-based fee assessed to mortgage borrowers using a conventional mortgage. Loan-level pricing adjustments vary by borrower, based on loan traits such as loan-to-value (LTV), [...]

2003, 2020

U.S. Orders Up To A Yearlong Break On Mortgage Payments

By |March 20th, 2020|Business, Finance, Market, Trends|

The federal government is telling lenders to lower or suspend mortgage payments for homeowners who have lost income because of the coronavirus outbreak. Mike Segar/Reuters Updated at 2:49 p.m. ET on March 19, 2020 Homeowners [...]

1703, 2020

BE CAUTIOUS OF #FALSEADVERTISING & #BAITANDSWITCH #LENDERTACTICS

By |March 17th, 2020|Business, Finance, Market, News|

By Carissa Abazia Here is more information you can share with your clients, colleagues, friends and family who are asking about 0-3% interest rates. Again, mortgage rates are not affected by Sunday's fed rate cuts. [...]

1703, 2020

March 16, 2020 – A QUICK NOTE ABOUT WHAT IS GOING ON IN THE MORTGAGE INDUSTRY PART II

By |March 17th, 2020|Business, Finance, Market, News|

By Carissa Abazia The Federal Fund Rate is the overnight borrowing rate that banks get when they borrow money from the federal reserve.  This rate was 0.75% last week and now it is 0.00% to [...]

1703, 2020

March 16, 2020 – A QUICK NOTE ABOUT WHAT IS GOING ON IN THE MORTGAGE INDUSTRY PART I

By |March 17th, 2020|Business, Finance, Market, News|

By Carissa Abazia The Fed Reserve cut its benchmark interest rate to zero on Sunday, the second such emergency rate cut this year in response to the coronavirus. We wish mortgage rates would be 0%! [...]

2011, 2019

14 Things Ridiculously Successful People Do Every Day

By |November 20th, 2019|Business, Finance, Market|

By Travis Bradberry Having close access to ultra-successful people can yield some pretty incredible information about who they really are, what makes them tick, and, most important, what makes them so successful and productive. "Whenever you see a [...]

410, 2019

Officials spar with senators over plan for mortgage giants

By |October 4th, 2019|Business, Finance, Market, News|

WASHINGTON (AP) — Trump administration officials on Tuesday defended their plan to Congress for ending government control of mortgage finance giants Fannie Mae and Freddie Mac, clashing with Democratic senators on whether the change would [...]

2108, 2019

Microsoft CEO Satya Nadella Says This 1 Thing Unlocks Employee Greatness. (It’s Why Microsoft Is Winning Again)

By |August 21st, 2019|Uncategorized|

By Scott Mautz CEOs have an overwhelming amount to worry about and focus on, especially incredibly complex tech companies like Microsoft. That's why I found Microsoft CEO Satya Nadella's sit-down interview on July 25th with cheddar.com so intriguing. Nadella was asked [...]