NMP – Mortgage News – Daily News, Rates, and Analysis
The source for daily mortgage news. Rates, analysis, and industry insight for mortgage advisors, originators, bankers, and all loan origination professionals. Home of NMP, Mortgage Banker, and Mortgage Women Magazine.
40 Under 40: The Future Is Here Digital Edition | NMP Magazine
This month’s issue of NMP celebrates the 40 mortgage industry professionals under the age of 40 who are making an impact on their profession! Also, we look at firing and hiring originators, how to handle difficult personalities, the Originator Choice winners, a …
BAC Co-Founder Reveals Mega Brokers May Undergo CFPB Audits
Dec 2, 2024 · Mortgage broker-owners received an ominous warning from Broker Action Coalition (BAC) Chief Advocacy Officer and co-founder Brendan McKay who took to LinkedIn last week to share, “The CFPB has begun auditing mortgage brokerages,” particularly the industry’s mega brokers that employ over 1,000 loan officers.
Plantiffs Overcharged On Mortgage Debt Win Settlement Vs.
Feb 23, 2022 · he law firm Marcus & Zelman LLC has reached final approval for a class action settlement with Select Portfolio Servicing Inc., (Gaffney v. Select Portfolio Servicing, Inc.) a company that serviced the plaintiffs’ mortgage loans on behalf of a non-party lender. Now, other consumers who have been overcharged on their mortgage debts after foreclosure may be …
The Mortgage Industry’s Cyber Blind Spot – NMP
Dec 16, 2024 · The day that Jordan Bingham entered the mortgage industry as an originator, he saw his exit. A disconnect persisted between mortgage professionals and cybersecurity experts: like cats and dogs, neither really understood what the …
Insurance Crisis Hits Lenders' Bottom Lines – NMP
Oct 30, 2024 · Editor's Note: National Mortgage Professional contributing writer Lew Sichelman is onsite at this week's Mortgage Bankers Association annual conference in Denver. This is one of a series of reports from the event, exclusively for NMP.
Breaking Barriers | Mortgage Banker Magazine
The mortgage industry is navigating a transformative period, driven by evolving market dynamics, regulatory changes, and advancing technology. From the missteps of relying on rate predictions to the strategic reassessment of Mortgage Servicing Rights (MSRs) in a volatile market, lenders are learning to adapt. Regulatory shifts, such as PACE loan prioritizations and data privacy …
Homeownership Is Underwater, Up In Flames, Or In The Wind
The 30-year mortgage was designed with that amortization schedule to provide a hedge against volatility and inflation, but because borrowers are not being underwritten for long-term affordability, and homes are not being underwritten to emerging, asset-level climate risks, ballooning escrows are functioning like piggyback, adjustable-rate mortgages, which is bad …
The Next Gen Mortgage Masters | NMP Magazine
Meet NMP Magazine’s 40 Under 40 Class of 2024 — the trailblazers transforming the mortgage industry with fresh ideas and boundless energy. From cyber resilience champion Jordan Bingham tackling rising threats to STRATMOR Group’s Garth Graham forecasting transformative trends, this issue equips you to navigate the industry's next big challenges.
Ryan Kingsley | NMP - National Mortgage Professional
4 days ago · Cash And Desperation To Drive Home Sales This Year. Fannie Mae lowered its 2025 originations forecast by 2.5%, and total home sales forecast by 2.25%, this week.