All posts by Colin Robertson

The Next Big Thing in Mortgage Is Keeping in Touch

The Next Big Thing in Mortgage Is Keeping in Touch
February 25, 2020 No Comments »

I wrote a while back that more than half of consumers switched mortgage companies when obtaining a subsequent home loan. The message was pretty clear – there’s not much loyalty in the mortgage business. Ultimately, it’s hard to be loyal ... Read More »

Open Mortgage Review: Could Be More Transparent

Open Mortgage Review: Could Be More Transparent
February 24, 2020 No Comments »

One of the coolest (or I guess weirdest) cities in the world is home to Open Mortgage LLC, the subject of our latest mortgage review. Who Is Open Mortgage? The company, which calls itself a multi-channel mortgage lender, was founded ... Read More »

Mortgage Rates vs. the Coronavirus: We Might Test New All-Time Lows

Mortgage Rates vs. the Coronavirus: We Might Test New All-Time Lows
February 24, 2020 No Comments »

Mortgage rates can be pretty volatile. Just like stocks, they can change daily depending on what’s happening in the economy. Beyond that, mortgage rates can move based on news that doesn’t involve a report on the economic calendar, such as ... Read More »

Mortgage Delinquencies Have Fallen to the Lowest Level on Record

Mortgage Delinquencies Have Fallen to the Lowest Level on Record
February 20, 2020 No Comments »

What a difference a decade makes, at least when it comes to paying the mortgage on time. A new report from Black Knight revealed that mortgage delinquencies fell more than 5% in January to reach their lowest point since 2000, ... Read More »

Quontic Bank Launches No Doc Streamline Mortgage Refinance

Quontic Bank Launches No Doc Streamline Mortgage Refinance
February 19, 2020 No Comments »

Quontic Bank, which bills itself as an “adaptive digital bank,” has launched what they refer to as a “first of its kind” no doc home loan with loan amounts as high as $3 million. The non-Qualified Mortgage (non-QM), which is ... Read More »

Quicken Loans’ One Reverse Mortgage to Pause Operations

Quicken Loans’ One Reverse Mortgage to Pause Operations
February 18, 2020 No Comments »

One Reverse Mortgage, a Quicken Loans company, is reportedly pausing operations, according to a statement delivered to Reverse Mortgage Daily. While it’s unclear what the word “pause” means at this time, RMD also noted that the lender doesn’t expect to ... Read More »

Mortgage Due Dates 101

Mortgage Due Dates 101
February 18, 2020 56 Comments »

If you recently took out a mortgage, or have been thinking about purchasing real estate, you may be wondering when your mortgage payments will be due each month, among other things (like how late Ikea is open). Well, mortgage payments ... Read More »

CIT Bank Mortgage Review: Good Rates, But Where’s the Tech?

CIT Bank Mortgage Review: Good Rates, But Where’s the Tech?
February 17, 2020 No Comments »

CIT, which stands for “Commercial Investment Trust,” is probably best known for NOT being Citibank. Yes, you heard right; while the names look very similar, they are two entirely different companies despite operating in the same business sector. That confusion ... Read More »

loanDepot Mortgage Review: Digital Process Helps You Close 17 Days Faster

loanDepot Mortgage Review: Digital Process Helps You Close 17 Days Faster
February 13, 2020 No Comments »

One of the largest nonbank mortgage lenders in the country is loanDepot, typically landing on the top-10 list overall year after year. In fact, they’ve even cracked the top five in some years as well, so they’re certainly a big ... Read More »