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UMortgage Sets Monthly Record for Funded Volume in April 2024 and Is On Pace for $3.25bil in Yearly Funded Volume - Vimarsana News

UMortgage Sets Monthly Record for Funded Volume in April 2024 and Is On Pace for $3.25bil in Yearly Funded Volume

/PRNewswire/ -- UMortgage, a national mortgage company committed to creating life-changing opportunities through homeownership, has developed a habit of...

These LOs are TikTok sensations. They call a potential ban "unfortunate" - Vimarsana News

These LOs are TikTok sensations. They call a potential ban "unfortunate"

U.S. Representatives passed a bill giving ByteDance, TikTok's Chinese owner, six months to sell the app's U.S. assets or face a ban. It's now in the Senate.

Housing News, Appraisal, Broker Pricing, LOS to G/L Automation Products; FHA, USDA Program News; Renter Data - Vimarsana News

Housing News, Appraisal, Broker Pricing, LOS to G/L Automation Products; FHA, USDA Program News; Renter Data

Inflation and price increases can be widespread and impact many, like gasoline or flour, or can be very specific and impact only a small portion of the population, like guitar strings or limoncello. Continued rent increases impact many, not the least of which are the roughly 50 million tenants themselves along with their potential loan originators who could help them finance a house. Word has it that owners stay in their homes 13 years, although this source says 16 years, whereas tenants stay in their rental about 3 years for a house and 2.5 years for multi-family/apartments. There is a lot of...

ITIN, AOT, Warehouse, Servicing Products; Rocket Changes, Conventional Conforming News; Fannie's $5 billion Net Income - Vimarsana News

ITIN, AOT, Warehouse, Servicing Products; Rocket Changes, Conventional Conforming News; Fannie's $5 billion Net Income

Overheard last night at a bar here in Austin, Texas: “It’s hotter than the hinges to the gates of hell.” Not so hot, as residential lenders know, are volume and mortgage rates (which some believe may drift down during the final five months of 2023). No one can predict interest rates with any degree of accuracy or confidence, so originators should optimize the current situation with the cards they have been dealt, which aren’t always good. Speaking of which, an owner of a non-bank lender who was doing $40 million a month a few years ago and who is now doing $10 milli...

TransUnion and UMortgage Partner with FinLocker to Bring Financial Tools and Education to Consumers Nationwide - Vimarsana News

TransUnion and UMortgage Partner with FinLocker to Bring Financial Tools and Education to Consumers Nationwide

/PRNewswire/ -- UMortgage, a national mortgage company, has partnered with TransUnion and FinLocker to provide consumers with the USafe app making financial...