LauraMac Completes Its Integration With LonLogix IDEA
lauramac, mortgage loan review provider a provider of SaaS technology announced Thursday that it has integrated with LoanLogix IdeaAn intelligent document processing and data extraction technology. The result of the integration between IDEA and the Lauramac platform will “improve the quality and transparency of mortgage loan commerce,” LoanLogix CEO Dave Parker said in a statement. […]
Why does my bathroom sink stink (Feb 2023)
you + sharing it = us as best friends You might be thinking,Why does my bathroom sink smell bad?The truth is that there could be many reasons why your bathroom sink smells like a sewer. Today, we’re here to help you figure out which of these things is causing the odor so you can get […]
Get Home at 50% off
The Good Neighbor Next Door (GNND) sales program is part of the government’s Affordable Homeownership Directive to revitalize American neighborhoods and communities. Unlike other first-time home buyer programs and grants that any buyer can access, Good Neighbor Next Door focuses on community contributors like teachers, firefighters and law enforcement personnel who work where they live. […]
FHA 203(k) Loan: Rehab Loans Explained
in this article Fixer-uppers can be transformed into wonderful places to live. It can also be costly for them. In addition to your mortgage debt, you’ll often have to pay for repairs out of pocket or obtain short-term, high-interest loans. What if you could combine your home purchase and renovation costs into a single loan? […]
Mortgage rates to rise for the first time in 2023. Has volatility returned?
Early 2023 sparks optimism in the mortgage industry federal Reserve The federal funds rate hike could be stopped sooner than later. Mortgage rates also fell by about 30 basis points in January, to the lowest level since September 2022. But February brought a dose of reality back to the markets. on February 3 Bureau of […]
What is mudroom? The most overlooked room in a house (Feb 2023)
you + sharing it = us as best friends It may sound like an odd name for a room, but the mud room is actually an important space in your home. When it comes to rooms in a house, the mud room is only a cursory glance, but it is definitely a place you visit […]
Housing affordability ends 2022 at record low
Housing affordability hits record low in Q4 2022 National Association of Home Builders/Wells Fargo Housing Opportunity Index Released on Thursday. At the end of the fourth quarter, the index stood at its lowest level since the NAHB began tracking the data on a consistent basis in 2012. Despite this, the NAHB is optimistic that the […]
70% of Economists Say We’re Heading into a Recession—Are They Right?
in this article Another day, another contradictory economic data point. For the past several months, the US economy has been sending confusing and often conflicting signals about what’s to come. Some indicators show the US economy is doing relatively well, while others are showing ominous signs of a recession. So which one is it? Is […]
How LO can leverage their sphere of influence
The market of 2023 is unlike those we have seen in previous years. We’re coming out of back to back years where mortgage rates were in the 2s and 3s, and now they’re in the 6s. In a market like this, every lead, loan and basis point counts more than ever for LOs. Dave Savage, […]
Who makes Insignia TVs? (February 2023)
you + sharing it = us as best friends Many people wonder who makes Insignia TVs, and today we will answer that question. The short answer is that Chinese manufacturer Hisense makes the Insignia TV. Best Buy stores then sell them under Best Buy’s in-store brand. They also sell many other TV models from their […]
