Rocket Pro TPO ups conventional loan cap ahead of FHFA
Positioning brokers for "a great Christmas in this market"
Source: mpamag.com
Page 8 - Rocket Pro News Today : Breaking News, Live Updates & Top Stories | Vimarsana
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Top News In Rocket Pro Today - Breaking & Trending Today
Rocket Mortgage Now Pricing Loans of Ip to $750,000 as Conforming
The move could help borrowers avoid taking out a jumbo mortgage at a higher rate as Rocket gets a jump on an expected increase in Fannie and Freddie's 2024 loan limits.
Source: inman.com
Rocket Pro TPO raises conforming loan limits to $750,000 ahead of FHFA decision
Rocket Pro TPO, the wholesale arm of Rocket Mortgage, on Monday raised agency conforming loan limits to $750,000, ahead of the FHFA's decision expected in November.
Source: housingwire.com
Hedging, TPO and Broker Programs; Servicing, QC, Consulting Products; CFPB Report on Lending; STRATMOR and MortgageCX
Seen on someone’s laptop here in Phoenix: “If Pete Davidson can date a Kardashian, you can be a homeowner.” From a business viewpoint, if you think mortgages are bad, try NFTs. I don’t know what I was thinking, sinking my entire 401(k) into that sector a few years ago. My collection of fake, imaginary art is now worthless!? It’s good to keep things in perspective. If you think rates in the U.S. are too high, try being a lender in Pakistan (22 percent) or Turkey (benchmark rate at 25 percent.) Although buyers in the U.S. don’t have to contend with rates...
Source: mortgagenewsdaily.com
UWM expands its hard credit reports program
UWM has enhanced its Safe Check program, which provides credit reports without initiating unwanted trigger lead solicitations.
Source: housingwire.com