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Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

Daily Mortgage News & Commentary

July 8: Mortgage jobs; the MBA’s work on APOR and margin best practices; new lawsuits; the return of long-terms lock talk

Bananarama sang, “It’s a cruel … cruel … cruel summer, Leaving me here on my own, It’s a cruel … it’s a cruel … cruel summer, Now you’ve gone…” I don’t know who is humming that more: companies and LOs who built their entire business model, without an alternative game plan, on refi business, borrowers…

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