Category: Financial Regulations
In mid-November, the National Association of Realtors gathered for a conference in San Diego to discuss where the housing market is headed in 2016. Economists discussed both the advantages and limitations that a buyer or mortgage investor could face in the upcoming year. The major takeaway: Despite growing concerns for rising property costs, home sales are expected to continue rising, albeit more slowly, in 2016.The forecast The star of the conference seems to have be
The mortgage market is particularly strong today, following a month when home price appreciation slowed and interest rates remained low. Within the past week, mortgage applications soared nearly 12 percent compared to the prior week. That's despite continued concerns regarding TRID implementation that some worried would impact loan originations. Though it may take some consumers longer to receive their loans as lenders work through new processes, it's clear that demand remains strong
Impac Mortgage Corp. Correspondent helps those who want to expand their business with a non-delegated lending program that gives newly transitioned brokers to bankers access to Impac's broad suite of proven mortgage products. Some lenders refer to this type of arrangement as emerging banker or mini-correspondent, but those names diminish the true value provided by Impac's expertise in the lending field.
That expertise is critical, because the Consumer Finance