Tag: originators

NAHREP recognizes top 250 Latino mortgage originators

The National Association of Hispanic Real Estate Professionals (NAHREP) this week released the 10th edition of its annual Top 250 Latino Mortgage Originators rankings, honoring the top-performing Latino mortgage originators across the country. For the second year running, DHI Mortgage earned the top position in the report among all companies, followed by Guaranteed Rate and [...]read moreNAHREP recognizes top 250 Latino mortgage originators

Fannie Mae adds web-based income calculator for mortgage originators

Fannie Mae announced on Wednesday the availability of a new web-based option for its income calculator tool, which is designed to “help mortgage professionals serve the growing number of mortgage applicants in the U.S. who are self-employed and don’t have traditional sources of income,” according to the government-sponsored enterprise (GSE). The new option for the [...]read moreFannie Mae adds web-based income calculator for mortgage originators

New mortgage data shows lean times for originators, tight wallets for buyers

Perhaps the most striking detail gleaned from a HousingWire analysis of millions of single-family purchase mortgages is how much more homebuyers had to pay in 2023 compared to 2022. The median borrower on a 30-year mortgage in 2023 received an interest rate of 6.625%, which is 1.635 percentage points higher than the same borrower a [...]read moreNew mortgage data shows lean times for originators, tight wallets for buyers