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.
Here is the second full-month cut of the Full Disclosure podcast. For October, it’s all about pumpkin (of course), fall conference season, end-of-year rate cuts, and how to stay steady despite market shakeups.
For this week’s Lending Leaders, Alayna had an opportunity to talk with Jemila Stewart, Director of Partner Business Development at one of LodeStar’s favorite partners, MeridianLink. Contra our usual format, Alayna and Jemila were able to speak together live at the MeridianLink LIVE! 2022 User Forum.
Horace and Octavia discuss the difficulties of the new market and opportunities for mortgage professionals to try new strategies.
Horace and Octavia have different approaches to rising rates and bleak market outlooks. At least some of us have been preparing…
If we had our way, most of us would have a magic wand waved and experience another $4 trillion market. But that’s not reality. The biggest issue facing our industry at the moment is the fear of inevitable change.
LLL was excited to chat with Alex Dunton, EVP of National Sales for Priority Title and Escrow. We talked all things title insurance in today’s tech-driven market and how title insurance is one of the most important parts of the lending process.
Meet Horace and Octavia, two loan officers whose mortgage lending workflows are very, very different. Turns out leveraging effective technology makes a huge difference in the mortgage origination process…
We’re trying something new this week at LLL. Every month, Jim and Alayna will put their heads together to talk about the state of the mortgage industry and discuss relevant topics, headlines, and current events. This time they talk about conferences, meeting clients, and responding to changes in volume. Also, they judge vendors’ snack offerings and booth setups at this spring’s industry conferences.
May is Mental Health Awareness Month. It’s also a great time to take a look at how far we’ve come as an industry when it comes to both acknowledging the validity and significance of mental health, and providing adequate mental health resources for employees.
In the beginning, it seems like your vendors can’t get enough of you. Proactive emails, follow up emails, quick calls just “to see how things are going.” But when a partner/vendor relationship fades, the proactivity tends to die.