Mortgages

Flagstar Bank lays of hundreds in mortgage division

Flagstar Bank in Troy has laid off hundreds of employees in several states and is shuttering part of its national mortgage operation less than two months after merging with a New York bank, according to a news media report and social media posts. A report in Housingwire.com, citing unnamed bank …

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How To Become A Mortgage Broker With No Experience?

Are you looking to enter the world of mortgage brokering but have no experience? Becoming a successful mortgage broker requires knowledge, skill, and dedication. With the right preparation, however, it is possible to become a mortgage broker without experience.  To become a mortgage broker with no experience, the first step …

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Can A Mortgage Be Revoked After Funding?

You are looking for a mortgage loan for the house, and you have applied. Are you worrying about application approval and closing? Or can you revoke a mortgage or not? You are at the right place.  No, you cannot revoke a mortgage after funding. After closing your loan documents with …

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‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’

‘Good news’ for the spring homebuying season as mortgage rates melt, but economists warn ‘finding a deal remains an elusive quest’ Mortgage rates have tumbled to their lowest level since mid-September, drawing eager homebuyers out of their winter retreats. “Home purchase demand is thawing from the months-long freeze that gripped …

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