No vacation for the mortgage industry
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Away on vacation? We’ve got you covered. President and CEO of United Wholesale Mortgage Mat Ishbia tells you what you should be paying attention to over the next few weeks – even if it’s from a sandy (overcrowded) beach somewhere.
- Loan Officer compensation
Margins are tight, and there are rumblings around how much money loan officers are taking home. Should retail loan officers become mortgage brokers?
- Purchase market
Everyone knows that it’s a purchase market these days, but are you prepared for that trend to continue for another 2-4 years?
- Mortgage Fairness Act of 2017
This proposed legislation makes the points and fees calculation as it pertains to QM the same across the board, whether you’re a mortgage broker, retail lender, or a bank.
See Matt discuss these points here.
Related stories:
3 Points with Mat Ishbia, July
3 Points with Mat Ishbia, June
