Loan Products | firsttuesday Journal

Mortgage Concepts: Reverse mortgage obligations

by ft Editorial Staff | Dec 5, 2022 | Laws and Regulations, Loan Products, Mortgages, Real Estate | 0

This video breaks down the obligations reverse mortgage borrowers need to fulfill to avoid default.

Offering mortgage points? There are better ways to catch a buyer

by Carrie B. Reyes | Nov 21, 2022 | Economics, Home Sales, Interest Rates, Loan Products, Real Estate | 0

The insides and outs of mortgage points – and better ways to entice buyers in today’s rising interest rate market.

ARM use ticks higher as buyers overreach

by Carrie B. Reyes | Oct 28, 2022 | Economics, Loan Products, Market Watch, Real Estate | 1

With falling home prices and rates continuing to rise, today’s ARM buyers are purchasing a ticking time bomb.

Mortgage Concepts: The California Homeowner Bill of Rights

by ft Editorial Staff | Oct 24, 2022 | Laws and Regulations, Loan Products, Mortgages, Video | 0

Learn how the HBOR guarantees homeowners a meaningful opportunity to keep their homes.

Homebuyers turn to ARMs in 2022 as FRM rates jump

by ft Editorial Staff | Aug 11, 2022 | Charts, Loan Products, Real Estate | 0

ARM rates remain below FRM rates – for now.

MLO Mentor: The adjustable-rate mortgage, Part II

by ft Editorial Staff | Aug 5, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Your Practice | 0

MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators...

Fannie and Freddie unveil Underserved Markets Plans for California

by Amy Perry | Jul 15, 2022 | Economics, Finance, Loan Products, Mortgages, Real Estate, Recessions | 0

With a recession looming, focus on underserved markets is critical.

MLO Mentor: Section 35 loans, Part II

by ft Editorial Staff | Jul 11, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Your Practice | 0

his article discusses the special appraisal rules applied to Section 35 loans.

Rising rates bring back seller financing

by ft Editorial Staff | May 9, 2022 | Finance, Interest Rates, Loan Products, Real Estate, Your Practice | 0

As credit availability tightens thanks to rising interest rates, loan approvals become more elusive. But seller financing presents a back-door to homeownership.

MLO Mentor: The MARS Rule

by ft Editorial Staff | Apr 1, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Your Practice | 0

This article discusses the Mortgage Assistance Relief Services (MARS) rule

MLO Mentor: The Home Mortgage Disclosure Act, Part II

by ft Editorial Staff | Mar 14, 2022 | Feature Articles, Finance, Fundamentals, Laws and Regulations, Loan Products, Mortgages, Real Estate, Your Practice | 0

This article discusses the different thresholds that trigger Home Mortgage Disclosure Act (HMDA) data collection and reporting.

Mortgage Concepts: Common mortgage fraud schemes, Part 3

by ft Editorial Staff | Mar 4, 2022 | Loan Products, Mortgages, Real Estate, Video, Your Practice | 0

This video finishes our discussion regarding common mortgage fraud schemes mortgage loan originators are likely to encounter in their business.

MLO Mentor: Appraisal independence

by ft Editorial Staff | Feb 25, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Your Practice | 0

MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators...

Mortgage Concepts: Common mortgage fraud schemes, Part 2

by ft Editorial Staff | Feb 25, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Video, Your Practice | 0

This video continues discussing common mortgage fraud schemes mortgage loan originators are likely to encounter in their business

Mortgage Concepts: Common mortgage fraud schemes, Part 1

by ft Editorial Staff | Feb 18, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Video, Your Practice | 0

This video discusses common mortgage fraud schemes mortgage loan originators are likely to encounter in their business.

MLO Mentor: The Equal Credit Opportunity Act

by ft Editorial Staff | Feb 14, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Your Practice | 0

MLO Mentor is an ongoing series covering compliance best practices for mortgage loan originators...

MLO Mentor: The eligible non-borrowing spouse

by ft Editorial Staff | Feb 4, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate | 0

This article discusses HECM loans and the eligible non-borrowing spouse.

MIP, PMI, or neither?

by ft Editorial Staff | Feb 3, 2022 | Charts, Loan Products, Real Estate | 2

This chart compares the costs and benefits of default insurance demanded by lenders on mortgages with LTVs exceeding 80%, and suggests the optimal financing path for homebuyers.