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Verification, Credit, Servicing, Automated QC, POS, DSCR Products; Events and Training Fast Approaching

Today I head to Phoenix area for the AzAMP annual conference, and am reminded that, “Change is inevitable, except from a vending machine.” The mortgage industry is constantly changing, although Freddie and Fannie have been a somewhat stabilizing influence. But explaining to someone not in the mortgage business what they, the government sponsored enterprises (GSEs) do, is not easy, but in another one of his Mortgage Musings, attorney Brian Levy offers his thoughts on 15 years of being in conservatorship and whether that means it’s time to drop the “S” in GSE. Let’s just hope they don’t become another Amtrak. (Sign up for Musings here.) One topic that has come up at a few conferences, besides Agency buybacks, is demand for “LIP” and “VLIP” borrowers. Are F&amp;F pushing hard for Low Income Purchase and Very Low Income Purchase business, and requesting high percentages of those products with the “t ....

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Reverse mortgages vs. HELOCs: What you need to know

Why a reverse mortgage might be the best solution for your financial needs ....

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Sponsored: Colorado Springs mortgage specialist offers program that helps seniors improve cash flow

With 17 years of experience in real estate, Colorado Springs mortgage specialist Kevin Guttman is committed to ensuring the needs of the senior community are met. ....

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