Compliance, Broker, and App Products; Legal News from PrimeLending and Lehman

Posted To: Pipeline PressWe have a whole generation of home buyers who have never seen a 5% mortgage rate, and interesting thought. We’re not in the “An ARM is better” territory, but lenders are certainly up for offering their clients all options that will help close the deal. The Mortgage Bankers Association forecasts $1.2 trillion in purchase mortgage originations in 2019, a 4.2 percent increase from 2018 (although many are skeptical). Refinance originations are expected to continue to trend lower next year, decreasing by 12.4 percent to $395 billion. Will overall volume really be about the same as this year? Lender Products and Services BluePoint is offering free appraisals for BluePoint Mortgage partners between Oct 1st and December 31st, 2018! “ At BluePointMtg we are pleased to present…(read more)Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

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Michael Ayoub, Author NMLS ID 6631