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Mortgage volumes declined for the fourth week in a row, according to the Mortgage Bankers Association. The MBA’s Market Composite Index, a measure of loan activity based on surveys of association members, fell a seasonally adjusted 6.3% for…
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As an owner, he knew what lay ahead: “I saw this coming, and immediately started training classes,” he said. “I told my staff to get ready for purchase.” In March, 80% of his pipeline was based on the purchase market, with the level growing…
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Will Fisher, executive vice president of non-QM and jumbo lending at LoanStream Mortgage, urged mortgage brokers and borrowers to do their homework when seeking a lender. “It comes down to experience,” he said. “We are seeing many prime /…
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