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Disaster Updates; Inflation Data Steady; Existing Mortgage Rate Breakdown - Vimarsana News

Disaster Updates; Inflation Data Steady; Existing Mortgage Rate Breakdown

Life is a matter of perspective, and LOs and vendors don’t need some momentous weekly or monthly numbers to garner a piece of the $1.5-$2 trillion residential mortgage market. Even bikes see possible change. Many lenders and vendors are working to “make the ordinary extraordinary.” Are drug stores and gas stations boring? Not according to Wall Drug and Buc-ee’s. What is the current mortgage rate situation for borrowers who have home loans? Below 6 percent? 92 percent of U.S. mortgaged homeowners. Below 5 percent? 82 percent. Below 4 percent? 62 percent. Below 3 perc...

Veritex Holdings, Inc. Reports Fourth Quarter And Full Year 2023 Results - Vimarsana News

Veritex Holdings, Inc. Reports Fourth Quarter And Full Year 2023 Results

DALLAS, Jan. 23, 2024 -- Veritex Holdings, Inc. , the holding company for Veritex Community Bank, today announced the results for the fourth quarter and full year of 2023. Looking back at 2023,...

Broker, Credit Report Fee, Flip and Bridge Products; TPO News - Vimarsana News

Broker, Credit Report Fee, Flip and Bridge Products; TPO News

If you’re in Chicago, the newest attraction is “the rat hole.” Here in Denver, besides the cat I saw in the airport yesterday being walked on a leash, one attraction is the National Ice Core Lab, where, you guessed it, ice sample cores from all over the world are kept for research purposes at temperatures even colder than those outside. It is around this time of year when plenty of people think about vacations or moving to warmer places… Like Phuket in Thailand. In 2023 it saw 6.24 million airport arrivals, up 88 percent from 2022, and the real estate market is boom...

QC, Correspondent Tools; Webinars and Training; STRATMOR Interview on Referrals - Vimarsana News

QC, Correspondent Tools; Webinars and Training; STRATMOR Interview on Referrals

“Affordable” means many things. There are residential lending industry jokes about making a loan on anything with axles or a license plate. (Like “don’t.”) Being “permanently affixed” is usually in the underwriting guidelines, which makes this story about someone having their driveway stolen very interesting. (In this clip a builder explains how the scam works.) There are plenty of trends in the builder world, one of which is “build for rent.” Instead of just having a house here or there, BFR homes are clustered together and form a...

Lower™ Doubles National Footprint in Merger with Thrive Mortgage - Vimarsana News

Lower™ Doubles National Footprint in Merger with Thrive Mortgage

GEORGETOWN, Texas and COLUMBUS, Ohio, Dec. 14, 2023 /PRNewswire/ -- Industry leaders Thrive Mortgage, LLC and Lower, LLC announced today an agreem...