Mortgage industry reacts to pending shutdown of VA servicing program

Following news earlier this month that the U.S. Department of Veterans Affairs (VA) is moving to end the Veteran Affairs Servicing Purchase (VASP) program, the agency this week published a circular to outline the timeline for its closure.It features additional information about the planned end to VA
These states received top marks on their housing affordability report cards

A new report released Thursday by Realtor.com ranks every state on their performance for housing affordability and homebuilding. It exposes significant regional disparities amid a nationwide shortage of more than 4 million homes.The report evaluates each state using weighted criteria tied to afforda
Economic jitters are stressing out LOs and their clients

Jordan Bernbaum has been feeling anxious these last few weeks.“On the client end, they’re seeing the news and understanding the situation pretty well,” the NEXA Mortgage senior loan officer said. “On my end, it’s a stress-inducing emotional roller coaster of always worrying when I should be locking.
Coach Manny Caballero

Coach Manny Caballero

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