by | Mar 1, 2024 | Industry News, Latest News, National, News, Premier |
California-based Loan Factory and its CEO Thuan Nguyen are in hot water over allegedly using competitors’ names, photos and likenesses who had no affiliation with the company to attract business, according to a new class-action lawsuit filed Thursday in a California...
by | Mar 1, 2024 | Industry News, Latest News, National, News, Premier |
United Wholesale Mortgage (UWM) continues to fight through the tides of the mortgage market. Despite some pitfalls in their Q4 2023 and full-year earnings, the company remains hard on their stance of success and is taking turns to adjust for the future. “2023 was one...
by | Mar 1, 2024 | Agents, Brokers, Industry News, Latest News, National, News, Premier |
Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Rocket, the largest lender in the country by most metrics, is shuttering Rocket Pro Originate, a platform for...
by | Feb 29, 2024 | Economy, Industry News, Latest News, National, News, Premier |
The 30-year fixed-rate mortgage (FRM) increased slightly this week, from last week’s average of 6.9% to an average of 6.94% this week, according to the latest Primary Mortgage Market Survey® (PMMS®) from Freddie Mac released Thursday. This week’s numbers: The 30-year...
by | Feb 28, 2024 | Economy, Industry News, Latest News, National, News, Premier |
Mortgage applications decreased 5.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending Feb. 23, 2024. This week’s numbers: The Market Composite Index, a measure of mortgage...