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Mortgage Broker News

Last Updated December 2, 2016 10:46 AM Central


Mortgage Jobs Increase But Likely to Decline
Mortgage employment has expanded for eight consecutive months now, though recent market conditions are likely to lead to contraction.

Mortgage Employment Up Despite Broker Job Drop
The number of non-bank positions in real estate finance expanded despite a month-over-month decline in the number of mortgage broker employees.

Mortgage Broker's Attorney Dozes Off During Trial
A Pennsylvania mortgage broker who was convicted of mortgage fraud this week will get a second chance thanks to his lawyer dozing off during trial.

Wholesalers Expand Programs, Improve Process
Wholesale lenders have recently added subprime and conventional programs. One wholesaler launched an income verification tool, while another added a broker platform.

Mortgage Employment Highest In Nearly Decade
Despite a weak report on the U.S. job market, the number of people working in real estate finance has reached the highest level in nearly 10 years.

Fund Launched to Subsidize Mortgage Broker Startups
A new initiative will provide individual loan originators with $10,000 to help them start up their own new mortgage brokerage firm.

Prison for Mortgage Brokers in Ponzi Scheme
A pair of mortgage brokers from Hawaii are headed to prison after being convicted of operating a $26 million Ponzi scheme.

Solid Expansion in Mortgage Employment
The monthly number of non-bank mortgage jobs grew by nearly 5,000, and a weak report on overall jobs is likely to keep interest rates competitive.

Mortgage Broker On How Business Has Changed
A mortgage broker in the state of Washington who opened his own firm talked about how the broker business has changed since the financial crisis.

Stellar Growth for U.S. and Mortgage Employment
The latest employment report was strong -- with a solid increase in U.S. jobs, a higher labor participation rate and a nice bump in mortgage jobs.

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Wholesale Lending News | Directory | P r i cing Engine | Originator Newsletter
News about wholesale lenders, correspondent lenders and wholesale mortgage lending programs. Alt-A, subprime and other niche loan programs. Lawsuits between wholesalers and brokers.



Mortgage Broker News | Originator Newsletter
Stories about mortgage brokering and broker programs. Profiles of successful mortgage brokers. Articles about mortgage brokers who excel at other activities. Broker lawsuits and criminal broker activity.


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