Loan

RE/MAX’s Wemlo Launches Loan Brokering System

October 20th, 2021
Wemlo,SM recently announced the upcoming launch of a new technology that aims to transform the mortgage brokerage industry. The wemlo Loan Brokering System℠ (LBS℠) was developed to empower mortgage loan brokers with purpose-built loan software that understands the specifics of their business, compliance...

Freddie Mac: Mortgage Relief Options Available for Those Affected by Tornado Outbreaks

December 15th, 2021
Freddie Mac recently reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas. “We encourage everyone to make their safety the priority,” said Bill Maguire,...

Bankrate Issues 2022 Mortgage and Home Equity Rate Predictions

January 4th, 2022
Bankrate recently released its 2022 mortgage and home equity rate predictions, predicting another active year despite the ongoing pandemic. Here’s what Bankrate Chief Finance Analyst Greg McBride is forecasting for the year. Key predictions: HELOC rates are going to mimic...

Rocket Companies Announces Key Leadership Changes

January 5th, 2022
Rocket Companies recently announced a series of promotions and leadership changes to further the company’s trajectory of success. Jay Farner, vice chairman and CEO of Rocket Companies and previous CEO of Rocket Mortgage, will assume the title of CEO for...

New CFPB Report Finds Three Major Credit Bureaus Providing Insufficient Complaint Responses

January 6th, 2022
A new analysis by the Consumer Financial Protection Bureau (CFPB) reveals how changes in complaint responses provided by nationwide consumer reporting companies resulted in fewer meaningful responses and less consumer relief. In 2021, Equifax, Experian and TransUnion together reported relief...

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