General Resource Center

Welcome to the Mortgage Daily Resource Center! Here, you’ll find everything you need to know about the mortgage industry, all in one convenient location .We cover a wide range of topics from; mortgage rates, loans, refinancing strategies, etc. Whether you’re a first-time home buyer, a seasoned property investor, or just looking for guidance, this Resource Center has something for you. With easy-to-understand articles and resources, we simplify the mortgage process and help you make the best choice for your financial future.

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Government Sponsored Enterprise News

Government Sponsored Enterprise News

Government Sponsored Enterprise News Last Updated October 25, 2018 4:58 PM Central   Business Falls to 6-Month Low at Freddie New business at the Federal Home Loan Mortgage Corp. retreated to its lowest level in six months. Delinquency,...

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Government Sponsored Enterprise News

MSRs Offered on $3.6 Billion in Ginnie Mae Loans

The servicing on more than $3.6 billion in government mortgages are being auctioned to the highest bidder. A significant share of the portfolio is secured by Golden State properties. Mortgage-servicing rights are being offered on 14,102 Ginnie Mae...

Government Sponsored Enterprise News

Bump in Refinance Apps Offset By Dip in Purchases

A modest weekly up tick in applications for loans to refinance an existing mortgage was more than offset by a dip in applications for purchase financing. On a seasonally adjusted basis, the Market Composite Index for the seven days that concluded...

Government Sponsored Enterprise News

Tariffs, Trade War Dampen New Home Sales

New house sales turned sharply lower last month, and home builders blame escalating trade tensions for the weak showing. Still, sales in the Northeast soared. The sale of newly constructed single-family homes worked out to 57,000 units during June,...

Government Sponsored Enterprise News

CMBS Loan Performance Improves Again

Monthly performance on securitized commercial real estate loans improved again last month, and the rate of delinquency now stands at a new post-crisis low. On loans that are held in commercial mortgage-backed securities, delinquency of at least 30...

Government Sponsored Enterprise News

Flagstar’s Home Lending Jumps, Servicing Grows

Home-lending volume jumped at Flagstar Bancorp Inc., and it's likely a further ascension is ahead. Also increasing were headcount, servicing and commercial mortgages. But mortgage revenues were off from a year earlier. Income before income taxes...

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Top Picks for You

What Does It Mean to Refinance Your Home

What Does It Mean to Refinance Your Home

You can think of refinancing your mortgage as a debt redo. Essentially, you’ll swap out the existing loan for a new one - ideally with better terms and conditions. Only this time it could help you save money on high mortgage payments, rather than...

Setting up the Utilities in My New House

Setting up the Utilities in My New House

All the tedious, time-consuming home closing documents have been signed, sealed, and delivered. Your belongings are packed into what seems like a million boxes and you have a solid plan to haul all your existing furniture to the new place. Just as...

When Is My First Mortgage Payment Due?

When Is My First Mortgage Payment Due?

Navigating your way through a brand new mortgage loan can be a difficult task, especially for first time homeowners. After handing over a large sum of money for the down payment and closing costs, it’s important to pay attention to the timing of...

When Can I Move in and How Do I Get the Keys?

When Can I Move in and How Do I Get the Keys?

It’s no secret that the process of buying a home can be lengthy and fairly complex – between funding, making an offer, negotiating with the seller to win over the home, and ultimately setting a closing date. Although there were presumably points of...

What Do Attorneys Do in a Real Estate Transaction?

What Do Attorneys Do in a Real Estate Transaction?

Responsibilities of a Real Estate Attorney Reviewing documents - such as purchase agreements, title documents, mortgage docs, transfer documents and typically represents a buyer or a seller. They are certified professionals who oversee the legal...

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