Introduction Loan modifications are on the rise again, as rising interest rates and mortgage rates make it more difficult for borrowers to afford their monthly payments. According to the Mortgage Bankers Association, the number of loans in foreclosure increased by 15% in the first quarter of 2023, compared to the same period in 2022. Loan … Read More
Mortgage Professional
5 Strategies for Improving Outcomes for Mortgage Professionals
Mortgage professionals today have access to a wide array of technologies and resources that broaden their ability to interact with borrowers, close more loans, and improve customer satisfaction. But in order to be successful in the industry, it’s important to stay competitive and for lenders and brokers to develop strategies and processes that help them … Read More