NMP – Mortgage News – Daily News, Rates, and Analysis
WEBIndustry News. Sep 30, 2024. National Housing Affordability Improves Annually For First Time Since 2021. Real house prices decreased 3.4% on a month-over-month basis between July and August 2024. Analysis and Data. Sep 30, 2024.
The Latest Daily News for Mortgage Professionals | NMP
WEBPCE Impact and A Big Week for Jobs Data. All the news from the mortgage industry for originators, including rates, analysis, technology, non-QM loans and other lending products, mortgage hires, and other mortgage industry updates.
Mortgage Events, Conferences, Webinars, and Expo Shows | NMP
WEBNMPs calendar of upcoming events for originators and mortgage bankers. Attend in-person conferences, expo shows, virtual conferences, webinars, and other events. Find events from our Mortgage Leadership Outlook series to …
Mr. Cooper To Acquire Rushmore Residential Loan Servicing …
WEBApr 26, 2023 · The announcement of the deal to acquire Rushmore’s residential mortgage servicing platform came the same day as Mr. Cooper Group reported its financial results for the first quarter of 2023. The company reported net income of $37 million, or 52 cents per diluted share, up substantially from net income of $1 million, or 1 cent per diluted ...
The Latest Mortgage Technology News | NMP - National …
WEBSep 24, 2024 · The latest news on mortgage technology, software, and applications that impact loan originators, brokers, and mortgage bankers. Mortgage tech tools include CRMs, e-documents, LOSs, closing tech, mobile apps, POSs, and more.
Licensing Requirements for Mortgage Loan Originators
WEBOct 18, 2022 · Education and Testing Requirements. The Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (SAFE Act) was passed in 2008 and became effective on Aug. 1, 2009. This law mandates certain requirements for people who want to become mortgage loan originators. Under the law, prospective MLOs must register with the Nationwide Multistate Licensing System (NMLS) and provide fingerprints for ...
The Survival Of Wholesale And Correspondent Lending
WEBSep 22, 2020 · A wholesale transaction occurs when a third-party originator, originates a loan and sends that specific loan to a direct lender to be underwritten, closed and funded by the lender. The loan is closed in the lender’s name. Once closed, the lender immediately assumes ownership of that loan. A correspondent transaction is a more controlled ...
LO licensing information to be made public through NMLS …
WEBJan 13, 2010 · LO licensing information to be made public through NMLS Consumer Access. Jan 13, 2010. By NationalMortgageProfessional.com. On Jan. 25, the Nationwide Mortgage Licensing System & Registry (NMLS) is scheduled to launch a consumer focused Web site, NMLS Consumer Access, which will make information available about mortgage loan originators.
Mortgage Company Directory | NMP
WEBNational Mortgage Professional’s directory of mortgage businesses and companies, including technology providers, wholesale and non-QM lenders, appraisal management companies, private lenders, and more.
The Basic Guide to Obtaining a Texas Mortgage Broker License
WEBAug 5, 2019 · You have to either maintain net assets of at least $25,000 or provide a mortgage broker surety bond of $50,000. The bond functions as an additional layer of guarantee for the legal compliance of the licensed broker. In order to get bonded, you have to pay a small fraction of the required bond amount, which is your premium.