Home Trust Company’s Post

ACES EVP, Sharon Reichhardt, article is featured in this week's HousingWire, "From Reactive to Proactive: Reshaping QC for Today’s Mortgage Landscape." READ THE ARTICLE: https://bit.ly/3EEgKq8 "The industry needs to shift its focus from crisis management to prevention with proactive QC. Not only does this approach set lenders up for success regardless of the origination environment, but it’s also a regulatory imperative now that Fannie Mae requires lenders to conduct pre-funding QC on a minimum of 10% of their production." #mortgagecompliance #mortgageqc #mortgagequalitycontrol #acesqualitymanagement #compliancenewshub #mortgagecompliancenews

ACES EVP, Sharon Reichhardt, article is featured in this week's HousingWire, "From Reactive to Proactive: Reshaping QC for Today’s Mortgage Landscape." READ THE ARTICLE: https://bit.ly/463UB0n "The industry needs to shift its focus from crisis management to prevention with proactive QC. Not only does this approach set lenders up for success regardless of the origination environment, but it’s also a regulatory imperative now that Fannie Mae requires lenders to conduct pre-funding QC on a minimum of 10% of their production." #mortgagecompliance #mortgageqc #mortgagequalitycontrol #acesqualitymanagement #compliancenewshub #mortgagecompliancenews

ACES EVP, Sharon Reichhardt, article is featured in this week's HousingWire, "From Reactive to Proactive: Reshaping QC for Today’s Mortgage Landscape." READ THE ARTICLE: https://bit.ly/3PApt3h "The industry needs to shift its focus from crisis management to prevention with proactive QC. Not only does this approach set lenders up for success regardless of the origination environment, but it’s also a regulatory imperative now that Fannie Mae requires lenders to conduct pre-funding QC on a minimum of 10% of their production." #mortgagecompliance #mortgageqc #mortgagequalitycontrol #acesqualitymanagement #compliancenewshub #mortgagecompliancenews

It’s not to late to sign up and earn 60 mins CPD. 10am - 16th April Join our next webinar where we're joined by guest experts to discuss the evolution of the self-employed customer and the impact it has on the mortgage industry. In this webinar, you'll learn: - Latest customer trends and popular criteria searches on self-employed customers - How the recent housing and industry news impacts the mortgage market - How IR35 may affect your customers. Agenda: Welcome and introductions - Eloise Hall, Head of National Accounts, Kensington Housing market update – Richard Donnell, Executive Director, Houseful The evolution of the self-employed - Fred Hicks, Senior Policy Adviser, The Association of Independent Professionals and the Self-Employed Insight from broker criteria searches on self-employed cases - Nicola Firth, Founder and CEO, Knowledge Bank Kensington update - Frances Cassidy, Head of Intermediary Partnerships, Kensington Join us and earn 60 minutes CPD. Click the below link to sign up https://lnkd.in/eSRvgtwE

There’s no right or wrong answer to this. Brokers need to weigh up the risks vs the rewards with clients. Whilst 3 year rates are lower at the moment, if rates start to drop there’ll be early repayment charges to consider if the client wants to change. Flip side, if the savings on a new rate outweigh the penalty, it makes sense. In my opinion, take a 2 year fixed but try and extend the term to minimise impact…..

Don't Miss this Webinar, Navigating Today's Mortgage Market: Innovations and Opportunities, on June 27th, 2:00 PM Central. Description: Join us for an enlightening webinar that explores the dynamic landscape of today's mortgage market, hosted by the distinguished Eloise Schmitz and Raj Parekh from LoanNEX. As the industry continues to evolve, understanding the nuances of market trends, borrower demands, and technological advancements is crucial for every mortgage professional. This session is designed to arm you with the knowledge and tools to adapt and thrive in an ever-changing environment. Why Attend? Market Insights Broadening Product Horizons Focused Expertise on Second Liens Technology Showcases: NEXapp Enhancements Advanced Pricing Tools Access Expanded Products Enterprise Solutions Register now- https://lnkd.in/gNPWkc_C

There’s no right or wrong answer to this. Brokers need to weigh up the risks vs the rewards with clients. Whilst 3 year rates are lower at the moment, if rates start to drop there’ll be early repayment charges to consider if the client wants to change. Flip side, if the savings on a new rate outweigh the penalty, it makes sense. In my opinion, take a 2 year fixed but try and extend the term to minimise impact…..

For the first time, the Equifax Mortgage Broker Pulse Survey 2023 has interviewed consumers to discover their perspectives on what is critical when signing up for a mortgage. Both consumers and brokers agree that the top concerns when applying for a home loan are the impact of interest rates, the impact of a borrower’s financial situation and rates & fees. Look at the full results to find out what borrowers think brokers could do better: https://bit.ly/3YGlcOF Discover how Equifax is helping brokers work more efficiently rather than harder. bit.ly/3Qx1McH #MortgageBrokers #TechnologyAdvancements #EquifaxSurvey #Insights #Adaptability #BrokerPulseSurvey

The 3-year fixed rate is making a comeback and Mortgage Introducer asked for my views, care of Newspage: "Three-year fixed rates can very much be the "Goldilocks deal" for some people; two years is too short, five years is too long, but three years is just right. As with all things mortgage-related, there is no perfect solution for everyone and three-year deals will be ideal for some people, but not others, it does give people more choices though and it's nice to see them growing in popularity with lenders, giving clients a little more scope than just 2- or 5-year options." #mortgage #property #mortgagebroker #mortgagelending Barnsdale Financial Management The Openwork Partnership

We're excited to invite you to our FREE monthly webinar on Thursday, April 25th at 4:00 pm! Led by Mindy Dinicola, the Community Lending Specialist at Hancock Whitney, this session will cover the essentials of "Mortgage Lending 101". Whether you're a first-time homebuyer or looking to learn more about mortgage options, this webinar is perfect for you. Gain valuable insights and guidance on navigating the home buying process. This webinar is FREE and OPEN TO THE PUBLIC. Register Here: https://bit.ly/mortlendJR Don't miss out on this valuable opportunity to expand your financial knowledge and empower yourself on your home buying journey. #Webinar #MortgageLending #Homeownership #FinancialLiteracy