MortgageOrb
@MortgageOrb
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Required Content For Real Estate Finance Professionals
Oxford, Connecticut
Joined April 2009
BLOG VIEW: How offshore delivery centers are helping mortgage lenders improve operations. @AlokBansal8 @Visionet
https://t.co/58zvMtWXK1
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Average Fico score for closed mortgages continue to rise in May. @EllieMaeInc
https://t.co/Z9xwVsR9I8
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Person of the Week: Joe Welu, Total Expert -- Communication with customers is all the more critical during covid-19. @JoeWelu @TotalExpertInc crisis https://mortgageorb.com/joe-welu-communication-with-customers-all-the-more-critical-during-covid-19-crisis
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Unemployed workers represent a big portion of housing payments. @zillow
https://t.co/6v17nZCkZU
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MortgageOrb's Blog View: Mititgating Portfolio Risk and Increasing Operational Efficiency During Economic Volatility. https://t.co/Yt4gh3mOh1
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This week's Person Of The Week: Grant McFarland, operations manager for Churchill Mortgage. @ChurchillMtg
https://t.co/ASdqACHpOl
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MortgageOrb's Weekly Insight: Housing starts fell 30% in April but are expected to rebound. https://t.co/w5i4Rz4qvo
#MortgageOrb
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MortgageOrb's Industry Insight: Share of Mortgages in Forbearance Reaches Nearly 8 Percent https://t.co/BMVhP8JzzQ
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Any improvement is some improve!!! Freddie Mac's chief economist, Sam Khater, states that “Mortgage rates have stabilized at very low levels over the last few weeks as home buyer demand slowly improves.”
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More than 20 million jobs were lost in April due to the COVID-19 crisis -- more than double the total jobs lost during the Great Recession -- according to the ADP monthly jobs report. https://t.co/bsTZE23h9c
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Interesting #correspondent lending webinar from Mortgage Capital Trading happening today -
mct-trading.com
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Fannie and Freddie said they will soon accept mortgages based on the secured overnight financing rate https://t.co/8uLY9Ejqm2 via @WSJ
wsj.com
Fannie and Freddie said they will soon accept mortgages based on the secured overnight financing rate, or SOFR, an alternative rate created by a Fed committee of regulators, banks and asset managers.
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