All posts by Colin Robertson
Alterra Home Loans Review: One of the Largest Hispanic-Owned Mortgage Companies
Today we’ll take a look at Alterra Home Loans, which is a DBA of Panorama Mortgage Group, LLC based out of Las Vegas, Nevada. What makes them unique is that they’re 100% Hispanic-owned and one of the largest Hispanic-owned mortgage ... Read More »
COVID-19 May Have Just Been a Speed Bump for Surging Housing Market
We’re starting to get a better picture of how COVID-19 affected the housing market, with the National Association of Realtors’ existing-home sales report showing a big drop in May. It’s based on completed transactions, including both single-family homes and condos/townhomes, ... Read More »
The 30-Year Fixed Just Hit a New Record Low, What Should You Do?
Another week, another record low for mortgage rates. It’s all becoming rather humdrum at this point. Really, how excited can you get about a record that repeatedly gets broken with relative ease in a short span of time? The other ... Read More »
NewRez Mortgage Review: Are They the Home of Your Perfect Loan?
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
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
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
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
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
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 »
