Latest Updates Around The World
With mortgage rates expected to remain flat for the foreseeable future, lenders of all sizes are looking for creative ways to attract creditworthy borrowers who may not fit into the conventional lending package. Below are four trends that will allow lenders to expand their reach to new borrowers in 2026: Non-QM loans are becoming mainstream […]
Final figures will be confirmed once the license renewal grace period ends in February. But early analysis suggests that at some point in 2025, more producing LOs were active than the year before. The LO population rose during the pandemic as historically low mortgage rates fueled refinancing and purchasing activity. At its peak, the producing […]
Trust is built through relationships. It is not automatic, it is not assumed, and it is never guaranteed – it is earned. Working for a respected company with a long track record does not automatically mean that someone has a Reliable mortgage advisor. Trust is personal. It’s part of the relationship between the loan officer […]
A credit report shows a score and a list of trade lines. There is no indication of what to do next. When qualification depends on small fluctuations in a score, borrowers need coaching that translates data into actions. That’s where modern loan officers add the most value: not by interpreting a score on its own, […]
Bridge loan expert Sofia Nadjibi looks at consumers’ biggest concerns and misconceptions about bridge loans, so you can help steer them in the right direction Short-term home financing loansNow known as bridge loans, they have been around since the mid-20th century, yet many brokers and loan officers still view them as a strained strategy of […]
Editor’s note: This interview has been edited for length and clarity. Sarah Wolak: What inspired you to dedicate yourself full-time to Momentum Builder after four decades in the industry? Don Goetling: It actually started as a passion project to help more people. I have been in the industry for 39 years now and have always […]
Scott Harmes, C2 reverse Scott Harmes I drive my wife crazy because I always tell everyone we have a reverse mortgage. Then one of the frequently asked questions is: ‘What is a reverse mortgage?’ My question to you is: do you have a very good, concise explanation for clients? Here is mine: “Your reverse mortgage […]
