Latest Posts
Free Mortgage Industry News Content for Non-Subscribers
Download Free Subscriber Brochure Twitter.com/MortgageDaily1 free versions of recent Mortgage Daily stories from Google News Reports & Announcements Mortgage Compliance Newsletter LOS Newsletter Mortgage Originator...
Mortgage Revenues Sink at Flagstar
Revenues at Flagstar Bancorp Inc.'s home-lending business sank. But the financial institution has grown its mortgage asset and servicing portfolios over the past year. In the three months ended Sept. 30, income before income taxes worked out to $60...
East Coast Mortgages Borrowers Complain Most
Across the country, mortgage complaints accounted for a smaller share of overall complaints last year than in 2016. States where the share of mortgage complaints are highest are all on the East Coast. Of all complaints filed by consumers with the...
Quicken Pushes Servicing Portfolio Past $300 Bil
For the first time since it began reporting mortgage servicing data six years ago, Quicken Loans Inc. has pushed the servicing portfolio past $300 billion. Originations and staffing, meanwhile, held steady. The aggregate unpaid principal balance of...
Retail Drives Down SunTrust’s Home Lending
A sharp decline in quarterly retail originations at SunTrust Banks Inc. drove overall home lending lower as mortgage earnings sank. But the size of the financial institution's mortgage servicing portfolio has increased over the past year....
FHA Endorsements Edge Higher, Book of Biz Grows
Monthly residential government-insured mortgage production was nudged up, though commercial real estate endorsements plunged. The book of business continued to grow. At the end of August, the Federal Housing Administration had insurance in force on...
Universal American Whistleblower to Receive $2 Mil
A whistleblower will receive nearly $2 million for her role in a lawsuit alleging Universal American Mortgage Company LLC approved loans for government insurance that didn't qualify. As a mortgagee with direct endorsement authority from the Federal...
FREE CALCULATORS TO HELP YOU SUCCEED
Tools for Your Next Big Decision.
Amortization Calculator
Affordability Calculator
Mortgage Calculator
Refinance Calculator
FHA Mortgage Calculator
VA Mortgage Calculator
Real Estate Calculator
Top Picks for You
FHA Loan: An Overview
A government organization called the Federal Housing Administration (FHA) gives mortgage insurance to lenders, enabling them to grant loans to borrowers with less-than-perfect credit and low-to-moderate income. These borrowers are intended for FHA...
Adjustable-Rate Mortgage (ARM): An Overview
The interest rate of an adjustable-rate mortgage, or ARM for short, can fluctuate over time in response to market conditions. An ARM's interest rate changes, often once a year, unlike a fixed-rate mortgage, where it stays the same throughout the...
Fixed-Rate Mortgage: An Overview
With a fixed-rate mortgage, the interest rate is locked at a certain level for the duration of the loan. Homebuyers who seek stable finances and predictable monthly payments frequently opt for this mortgage. A fixed-rate mortgage's terms are...
Closing on Your Dream Home: What to Expect During the Final Step of the Home-Buying Journey
You've found your dream home, navigated the mortgage application process, and now it's time for the final step - the closing. The closing is where you sign the mortgage documents and pay closing costs, such as origination fees, appraisal fees,...
Navigating the Mortgage Application Process: What to Expect After Finding Your Dream Home
Congratulations, your offer has been accepted, and you've found the house of your dreams! Even though the challenging part is finished, you still have to go through the mortgage application procedure before moving in. You must submit a...
Finding Your Dream Home: A Guide to a Successful Home Search with a Pre-Approval
Anyone planning to buy a home is anticipating the home-hunting process. Finding your home's budget comes first after receiving a pre-approval. This can help you determine what kind of home you can seek and what you can afford. After receiving a...
Your mortgages approval starts here.
Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here. Add 1-2 sentence here.
Stay Up To Date with Today’s Latest Rates
Mortgage
Today’s rates starting at
Home Refinance
Today’s rates starting at
Home Equity
Today’s rates starting at
HELOC
Today’s rates starting at