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New Mortgage Products, Vendor Updates, Wholesale News; Can Powell Avoid Spooking Markets?

Whether it is independent mortgage banks or companies with the largest market caps in the world, new products are being developed and rolled out to help drive growth. Apple unveiled new iPhone models, versions of the AirPods Pro, and several smartwatches yesterday. Closer to home, lenders are also exploring new products to drive volume. Newrez announced a 40-Year IO option, designed to increase purchasing power for homebuyers by offering a 40-year loan term with interest-only payments for the fi...
United States Freddie Mac Mike Kortas Chris Ledwidge Dave Savage Alex Kutsishin

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