Pennymac unveils a new tech platform for brokers
On Thursday, Pennymac launched a new technology platform for brokers called "POWER+," a key step in its plan to grow its wholesale business.
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On Thursday, Pennymac launched a new technology platform for brokers called "POWER+," a key step in its plan to grow its wholesale business.
The experts at Rocket Mortgage explain why mortgage interest rate locks can create helpful stability.
New tools are "changing the way we do closings," says CEO
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All eyes have been on the Federal Reserve this year, but for independent mortgage banks, the focus has been on maximizing production and minimizing overhead in the face of higher rates and decreasing margins. In fact, the ability to offer unique and relevant products has helped keep the lights on at many companies. One of these products is non-QM, which will be discussed in a webinar today at 1pm EST hosted by Robbie Chrisman (Hey, that’s me! It’s been fun writing, editing, and publishing this commentary in its entirety the past three weeks with my dad on vacation. I’ve ...