Conventional Mortgage – Wendy Thompson Lending Team

Conventional Mortgage – Wendy Thompson Lending Team
We want you to understand your options and pick the right home mortgage, because what you qualify for and what you’re comfortable with are 2 different things! You can start the conventional mortgage process online with our pre-qualification tool, or call us. A 15-minute phone call will answer a lot of your home loan questions and set you on the right path.

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Homepoint COO Lisa Patterson to speak at Spring Summit


Lisa Patterson, chief originations officer at Homepoint , will speak on a panel titled Operational Strategies in the Current Market at HousingWire’s Spring Summit on March 4. Patterson will be joined on the panel by Dave Vermillion , founder and CEO of Mortgage Champions , and Fred Bolstad , executive vice president of retail lending at U.S. Bank Home Mortgage . Patterson has led Homepoint’s thir

Redfin CEO likens housing inventory crunch to ‘Soviet-era supermarket’


The number of home listings collapsed to the lowest level on record, leaving “nearly all of the shelves empty,” Glenn Kelman said in the company’s latest home sales report.

Download the 2020 State of Remote Work Report

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DYK: 1 in 2 people won't return to jobs that don't offer remote work after COVID-19. Check out full report now

Mortgage and refinance rates today, Feb. 27, and rate forecast for next week


Today’s mortgage and refinance rates Average mortgage rates fell a little or held steady yesterday (Friday). Unfortunately, it was the only glimmer of light in a gloomy week that saw […]

Brutal Week For Rates But There's Hope (Hopefully)


Posted To: Mortgage Rate Watch Rising rates have been on the menu for months, but the drama kicked into a higher gear this week. Maybe you heard about this? We've certainly been discussing it in recent newsletters ( especially last week's ). The rising rate narrative hit the mainstream this week as it was widely credited for doing damage to the stock market. Perhaps you even caught one of Thursda

MBS RECAP: Nice Bounce! Now What?


Posted To: MBS Commentary Nice Bounce! Now What? - An early bounce turned into an even bigger, friendlier bounce at the end of the day - Biggest reason for the gains is the losses that preceded them (momentum/technicals/tradeflows) - Still following the 2.5 coupon - Still would like to see better confirmation of a new range with next week's trading (but yes, this is the most promising bounce of t

JPMorgan’s Thasunda Duckett named next CEO of TIAA


TIAA Bank has tapped JPMorgan Chase ‘s head of consumer banking, Thasunda Brown Duckett, to succeed longtime president and CEO, Roger Ferguson, Jr. Thasunda Brown Duckett With the hire, TIAA is now the first Fortune 500 company to have two Black CEOs in a row . At JPMorgan Chase, Duckett has led a banking network with more than $600 billion in deposits, 4,900 branches and over 40,000 employees. U

Why do mortgage rates need to cool down?


HousingWire Lead Analyst Logan Mohtashami joins the HousingWire Daily podcast to talk about why low mortgage rates need to end. During the interview, HW+ Managing Editor Brena Nath interviews Mohtashami on his most recent article , “We need higher mortgage rates to cool the housing market.” In his opinion piece, Mohtashami states, “For 2021, we need to root for a repeat of what happened in 2013-2

Forbearances Post Typical Mid-Month Increase


Posted To: MND NewsWire Black Knight reports a second increase in the number of loans in pandemic related forbearance plans in as many weeks. Forborne loans rose by 21,000 during the week ended February 23 after falling below 2.7 million for the first time since last April earlier this month. The company said such mid-month increases have been typical in recent months. At of the end of the report

Remax-affiliated Motto Mortgage doubles originations in 2020


The mortgage brokerage franchisor added 30 operating offices and had its best year yet for unit sales.


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