CMG Home Loans, the retail lending division of CMG Financial, recently made a key hire in its reverse mortgage division by adding industry veteran Kari Van Kleef as its operations manager. The move comes as the company broadens its ambitions for the reverse mortgage division, aiming to put its 1,400 traditional mortgage originators to work…
"2024" Archives
Archive page
California-based mortgage lender loanDepot appointed Nancy Smith to lead its Colorado and Wyoming branches as regional vice president of in-market retail. Smith will be responsible for growing sales volume in Colorado, which has the sixth-fastest percentage rate of population growth of all states, and Wyoming, a market traditionally underserved by independent mortgage banks, loanDepot said…
The U.S. Department of Housing and Urban Development (HUD) on Wednesday announced updates to its manufactured housing construction and safety standards, a move it called the most extensive such updates in three decades as the department seeks to modernize the features of these homes to drive demand. The new standards, scheduled to be published via…
On this crazy day with the bond market, mortgage rates dropped to another yearly low after the CPI inflation print. How low? Mortgage News Daily came out with a shocking print of 6.11% mortgage rates for their top-tier borrowers, while HousingWire’s Mortgage Rates Center, which tracks actual loan lock data from Polly, is also at…