Review Mortgage Lenders

mortgage lenders brokers

mortgage lenders brokers - News

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 ...

PennyMac Announces Launch of Broker Direct Channel

“We are excited to announce PennyMac’s entrance into the broker channel,” said Doug Jones, President of PennyMac Loan Services, LLC, an indirectly controlled subsidiary of PFSI. “We spent considerable time evaluating this channel and believe it is the right time for us to participate. Our new broker channel will provide opportunities to grow volumes in attractive segments of the market, such as purchase-money and prime jumbo mortgages. We expect to leverage our leading market position to successfully grow our Broker Direct platform and achieve a leadership position over time.”

PennyMac is the fourth-largest producer of newly originated mortgage loans, according to Inside Mortgage Finance . The broker channel represents approximately 10% of the total U.S. mortgage originations market.

Through PennyMac’s POWER℠ platform, brokers will have unprecedented access to data and the ability to proactively manage their pipelines. By providing detailed, accurate and timely communication to their customers on every loan, brokers and their loan officers can provide best-in-class service for their customers and maintain trust with their referral sources. POWER℠ enables the broker to self-serve for a variety of functions and seamlessly communicate with PennyMac’s client engagement team. With its strong market position, PennyMac has the scale and operational capabilities to deliver process transparency, consistency and an exceptional customer experience for mortgage brokers and their clients. The Company’s new Broker Direct organization is led by Kimberly Nichols, a seasoned mortgage executive who serves as Managing Director, Direct Lending Channels, for PennyMac.