Tony Guidicessi on Citadel and the changes to non prime lending
While it’s still a relatively small fraction of the mortgage market, non-prime is coming back in a big way. At the forefront of this resurgence is Citadel Servicing Corporation. Paydayloans247 recently chatted with Citadel’s Tony Guidicessi about what sets Citadel apart from the pack – and how non-prime has changed since the pre-crisis days.
Aaron Nemec on giving originators tools to succeed
With a changing regulatory environment and another Fed rate hike expected by the end of the year, the mortgage industry is in a state of flux. So how can originators keep their business booming? Paydayloans247 recently sat down with Academy Mortgage Corporation’s Aaron Nemec to find out how Academy gives its originators the tools for success.
Shant Banosian on building your business
The only thing certain about the mortgage industry is that the landscape is ever-changing. So how can loan officers keep their business strong through market fluctuations and regulatory uncertainty? Paydayloans247 recently sat down with one of the country’s top originators, Guaranteed Rate’s Shant Banosian, to chat about how he keeps his business booming through thick and thin.
Busting the myths around VA loans
Many originators shy away from VA loans, thinking they'll be too complicated. Coming off of a record-breaking year for VA loans, the product can be more viable now than ever. Paydayloans247 sits down with Carrington's Ray Brousseau to get his take
CFPB oversight bill passes House
House Financial Services Oversight & Investigations Subcommittee Chairman Sean Duffy’s bill passed with an overwhelmingly bipartisan vote of 401 to 2 this week. The bill would bring greater transparency and accountability to the Consumer Financial Protection Bureau.
RealtyTrac: Zombie foreclosures are a consistent problem
The share of zombie homes has increased, despite the decline in total foreclosures, according to the latest data from RealtyTrac.
NAMB: CFPB's rate checker tool problems
The CFPB released its rate checker tool in an attempt to better prepare consumers for buying a home. While their intentions may have been good, the result was not, according to NAMB.
LendingTree translates real estate buzzwords
This video is worth a good laugh. LendingTree breaks down those tough real estate terms for your clients.
Buyer confidence keeps pending home sales growing
Pending home sales slightly improved in November and are above year-over-year levels for the third straight month, something Lawrence Yun, chief economist at the National Association of Realtors, says is due to buyers' confidence in the economy.