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Silverstein Seeks $400 Million Office Loan
Quotes on mortgages of $350 million to $400 million are being considered. Even at the higher amount, the loan-to-value ratio would be less than 50%. That puts the assignment in the sweet spot for insurance companies, which compete aggressively for 

Help to Buy lenders in mortgage price war
Help to Buy lenders in mortgage price war Prospective buyers with small deposits are benefiting from a price war among mortgage lenders, say brokers, after the last of the major high street banks launched its 95% deal under Help to Buy. Barclays will offer a fee-free three-year fixed rate at 5

New Mortgage Rules Mean Paperwork For Borrowers, Not A Shutdown On ...
New Mortgage Rules Mean Paperwork For Borrowers, Not A Shutdown On ... The reason: the new rules effectively limit the fee a mortgage broker can charge, which in turn makes loans under a certain cap not profitable for mortgage brokers. “Loans between $110,000 and $160,000 are going to be the ones that are affected,” 

Loanstream Wholesale Adds Multiple Niche Loan Programs Giving the ...
These programs under OCMBC's Wholesale Division, LoanStream Wholesale, are part of the company's portfolio that serves unique needs in the mortgage and real estate market. LoanStream's wholesale lending programs helps Mortgage Brokers serve a 

Morganville New Jersey Mortgage Lenders Brokers - Emergency Report - Don't obtain a mortgage in Morganville, NJ until you watch this special video by mortgage lender and ...

Mortgage Brain Ireland a New Mortgage Lending Platform Announced for Ireland

Mortgage Brain Ireland has partnered with fintech specialist, Mutual Vision Technology, for the development and distribution of a new mortgage lending platform for mortgage advisors in the Republic of Ireland.  The timely arrangement is set to support future market growth and both companies are jointly in discussions with prospective lenders in the Irish Market.

Mortgage Brain’s Mortgage Trading Exchange (MTE), will be integrated into Mutual Vision’s core solution allowing lenders in Ireland to achieve a wide broker distribution and a faster time to market.  The joint platform will enable lenders to originate new loans through brokers and manage the underwriting and loan servicing in one end-to-end solution.

George Webb, CEO of Mutual Vision spoke of the arrangement “We have selected Mortgage Brain Ireland because it is the most used and preferred electronic trading software in the UK and Irish markets. Their Mortgage Trading Exchange (mte) allows brokers to do business with lenders electronically and all from one place – the broker’s own desktop. The deep distribution capability in Ireland means that a lender can access the broker market very quickly and ramp-up loan volume.

Tension growing between mortgage brokers, wholesalers, survey reveals

Other factors in the survey include whether wholesalers provide home listing notifications and retention marketing resources, retain servicing, reroute past customers, and have trigger leads or payoff notifications.

Lenders are categorized based on data that is publicly available or submitted to BRAWL by some of the wholesale lenders included, according to a BRAWL press release.

Channel conflict "has been an issue for a long time, the frustration just kind of mounted," said BRAWL founder Anthony Casa when asked about the catalyst for the report and BRAWL were. Casa, who is president of Garden State Home Loans, described the group as "a grassroots movement."

Only consistent improvement over three consecutive quarters will allow companies in the tier with the most channel conflict to move up, Casa said.

The longstanding concern about competition for brokers' customers is resurfacing because of growth in the wholesale channel as mortgage brokers have become a means for lenders to grow cost effectively in a more fragmented market .