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January 29, 2014

Short Takes: Fake Rate Sheet to Lure Loan Officers? / Rising Home Equity Not Saving Consumers From Foreclosure / Sharga on Rising Home Values / Compass Point Bullish on NMI / Norcom Continues Wholesale Expansion / CFPB Accuses PHH of MI Kickbacks

By Paul Muolo

Industry consultant Joe Garrett is telling clients that, “We’ve heard of at least one company that uses a fake rate sheet when recruiting loan officers. As you can guess, it shows really great rates, all fake, of course.”

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With the spring homebuying season in full swing, what percentage of your March 2017 application volume has been for “purchase” loans?

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30% to 49%
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