The national average total closing costs for a purchase mortgage transaction were $4,661. This amount consists of a national average of 1.06% of the home sales price.
For this special episode of the Full Disclosure podcast, Jim and Alayna are returning to their Lending Leaders roots and welcoming an exciting guest, Brian Vieaux, CMB, the new president of MISMO. Together they discuss the future of mortgage industry standards and how rapidly AI is changing the game.
For this week’s LLL, we’re excited to share some of the highlights from HousingWire Annual earlier this month! HousingWire knows how to put on a good conference, and we had some great conversations with industry friends and partners while we were there.
For this week’s Lending Leaders, Jim Paolino talks with Jordan Nutter, a loan originator with NFM Lending and a TikTok influencer with over 190K followers. They talk all things TikTok and being a mortgage lender with a huge social media following.
This week, we’re highlighting some our friends and partners who attended the National Association of Minority Mortgage Bankers of America (NAMMBA) CONNECT conference.
For this week’s episode of LLL, Jim interviews Mike Yu, CEO and Co-Founder of Vesta. Together they discuss technology, the role of loan officers in a changing industry, and projecting what the mortgage industry’s future might mean for vendors and lenders alike.
LodeStar’s star Sales and Marketing Director, Alayna Gardner, interviews fellow attendees at the 2022 Digital Mortgage Conference.
Season 3 is in full swing, and we’re excited to chat with Larry Bailey, CEO of Mortgage Workflow Partners. Larry is a big proponent of rolling up your sleeves, getting under the hood, and analyzing how a business really works. Not how the CEO thinks it works, but how it actually works.
For this week’s Lending Leaders, Tim Nguyen, CEO and Co-Founder of BeSmartee, shares his thoughts on the importance of balancing good business practices with a sense of social responsibility. He delves into his family history, its impact on his business philosophy, and how that philosophy has grown with him and his company.
To kick off yet another season of exciting and impactful discussions about the mortgage industry and related subjects, LodeStar Co-Founders Jim and Dave sit down with Alayna to discuss their not-so-proudest moments as business owners.
To conclude the LodeStar Lending Leaders Summer Session, we’re capping off our weeks-long discussion of how a mortgage insider buys a home. Alayna interviews Jim and his wife Sarah and invites them to reflect on their home buying process.
Read our CEO Jim Paolino’s Deeper Thoughts and get the latest mortgage industry news.