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Josh Teti, Princeton Mortgage Wholesale
- Apr 20, 2018
- 2 min
Can you write a One Billion Dollar check?
In our industry, it’s normal rhetoric to hear phrases like “a $400,000 loan amount”, or “our goal is to fund $350 million this month”, bu...
76 views0 comments
Charles Howell, Princeton Mortgage Wholesale
- Apr 19, 2018
- 1 min
Moving Season
It might not feel like it, but spring is in the air. People are coming out of hibernation, even in the cities that are still dealing with...
15 views0 comments
David Star, Weidel Real Estate
- Apr 19, 2018
- 2 min
Is less more when it comes to tech in the mortgage industry?
The National Bureau of Economic Research found that technology-driven lenders have created efficiencies in the home lending business that...
26 views0 comments
Matt Pfrommer, Princeton Wholesale Mortgage
- Apr 17, 2018
- 3 min
Predatory Lending… it’s in the details?
Predatory lending, a term usually reserved for counties around Chicago, is popping up in New York of all places. New York has one of the...
25 views0 comments
Matt Joy, Princeton Mortgage Wholesale
- Apr 16, 2018
- 3 min
Two words that aren’t friends… patience & mortgage
So, it’s April… and there is still snow in the weekly forecast… sweet. It looks like we need to remain patient for the official close out...
27 views0 comments
Josh Teti, Princeton Mortgage Wholesale
- Apr 13, 2018
- 2 min
Going to college is no longer cool...
When I was in high school, there was basically 2 options after graduation, 1) go to college, 2) go to a technical school and enter a trad...
56 views0 comments
Charles Howell, Princeton Mortgage Wholesale
- Apr 12, 2018
- 2 min
It’s the little things…
It’s a seller’s market, in more ways than one. Most areas are experiencing a record low number of houses being listed for sale but also a...
37 views0 comments
Matt Pfrommer, Princeton Wholesale Mortgage
- Apr 11, 2018
- 2 min
A New Deal?
The FHA was created in 1934 to get the housing industry off its feet. According to the FHA, mortgages were tough to come by for most hom...
40 views0 comments
David Star, Weidel Real Estate
- Apr 10, 2018
- 2 min
A new trend in mortgage lending
Wells Fargo is once again in the spotlight. The Consumer Financial Protection Bureau is considering fining Wells Fargo hundreds of millio...
48 views0 comments
Matt Joy, Princeton Mortgage Wholesale
- Apr 9, 2018
- 2 min
Employment numbers on the rise in the mortgage industry; Student loan debt is still weighing down po
In 2016, refinances made up 50% of mortgage transactions. In 2017 they made up 35% and with rates on the rise in 2018 we’re going to see ...
28 views0 comments
Matt Joy, Princeton Mortgage Wholesale
- Apr 6, 2018
- 3 min
Are we getting greedy again?
Earlier this week I went on a rant about the subprime (Non-QM) craze and how the MBA conference really opened my eyes to what was going o...
41 views0 comments
Matt Joy, Princeton Mortgage Wholesale
- Apr 4, 2018
- 3 min
Why it’s important to get the company culture right
I think it’s time we step away from the nitty gritty of our industry and take a deep breath. Let’s talk about something that is so import...
52 views0 comments
Matt Pfrommer, Princeton Wholesale Mortgage
- Apr 3, 2018
- 3 min
Equity in the Numbers
Last week, we posted about the $5.5 trillion in equity that homeowners are sitting on and pondered when and how homeowners would start to...
42 views0 comments
Matt Joy, Princeton Mortgage Wholesale
- Apr 2, 2018
- 2 min
We’re all in agreement that non-QM is just subprime, right?
As I walked up and down the aisles at the MBA Conference in Atlantic City last week I couldn’t help but notice the sheer number of lender...
146 views0 comments
Charles Howell, Princeton Mortgage Wholesale
- Mar 30, 2018
- 2 min
30-year mortgages in just 30 minutes? Really?
Technology is defined as the practical application of knowledge in a particular area. As we’ve all gotten older, these practical applicat...
42 views0 comments
Charles Howell, Princeton Mortgage Wholesale
- Mar 29, 2018
- 2 min
2 is better than 1 … or is it?
The Federal Housing Finance Agency (FHFA) has announced that their implementation of new “Uniform Mortgage-Backed Securities” will offici...
34 views0 comments
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