All posts by Colin Robertson

NewRez Mortgage Review: Are They the Home of Your Perfect Loan?

NewRez Mortgage Review: Are They the Home of Your Perfect Loan?
June 12, 2020 No Comments »

One mortgage lender making a big splash of late is NewRez, short for New Residential Investment Corp. Thanks to their 2019 acquisition of Shellpoint Partners LLC, which was the parent company of New Penn Financial, they now have a robust ... Read More »

Quicken Loans IPO: Top Mortgage Lender Reportedly Going Public

Quicken Loans IPO: Top Mortgage Lender Reportedly Going Public
June 12, 2020 No Comments »

Some very big news in the mortgage world – Quicken Loans is reportedly going public, with an IPO currently being worked on by Credit Suisse, Goldman Sachs, JPMorgan, and Morgan Stanley. It’s now confirmed. Quicken has officially filed its IPO, ... Read More »

Planet Home Lending Review: 3 Trees Planted for Every Closed Loan

Planet Home Lending Review: 3 Trees Planted for Every Closed Loan
June 10, 2020 No Comments »

Today we’ll take a good look at Planet Home Lending, a rising star in the mortgage world that’s beginning to make inroads and become a household name. Founded just 13 years ago, they were able to muster nearly $2.5 billion ... Read More »

5 Things to Know If Considering Mortgage Forbearance

5 Things to Know If Considering Mortgage Forbearance
June 9, 2020 No Comments »

If you’re a homeowner, or just became one during the pandemic, you’ve likely heard of mortgage forbearance. Not to be confused with mortgage forgiveness, it allows borrowers to suspend mortgage payments for a period of time if experiencing a hardship ... Read More »

Home Equity Could Prevent Flood of Forbearance-Related Foreclosures

Home Equity Could Prevent Flood of Forbearance-Related Foreclosures
June 8, 2020 No Comments »

The latest Mortgage Monitor report from Black Knight reveals that many homeowners in forbearance plans are sitting on a healthy amount of home equity, meaning if they’re forced to sell banks may not lose out. Per the data analytics company, ... Read More »

FHA Will Insure Mortgages in Forbearance, With a Catch

FHA Will Insure Mortgages in Forbearance, With a Catch
June 5, 2020 No Comments »

The Federal Housing Administration (FHA) finally announced a new policy, which is temporary, to endorse mortgages where the borrower has requested or obtained COVID-19 forbearance. Mortgagee Letter 2020-16 temporarily reverses the FHA’s existing policy that doesn’t permit FHA insurance for ... Read More »

Use These Mortgage Charts to Easily Compare Rates

Use These Mortgage Charts to Easily Compare Rates
June 4, 2020 No Comments »

One of the things prospective home buyers and existing homeowners seem to care most about is mortgage rates. And for good reason – the interest rate you receive on your home loan dictates what you’ll pay each month, sometimes for ... Read More »

Home Point Financial Review: A Top-20 Mortgage Lender in Just Five Years

Home Point Financial Review: A Top-20 Mortgage Lender in Just Five Years
June 3, 2020 No Comments »

Just five years young, Home Point Financial has already seen record growth thanks to production across three different lending channels. Aside from being a retail consumer-direct lender, they are reportedly the second largest wholesale mortgage lender in the U.S. thanks ... Read More »

Have Home Prices Finally Hit a Ceiling?

Have Home Prices Finally Hit a Ceiling?
June 3, 2020 No Comments »

While rising property values have continued to defy expectations, could it be the end for home price appreciation after nearly a decade of gains? There’s been talk of frothy home prices for years now, with affordability stretched even as mortgage ... Read More »