Mortgage loan originators do not make the decision about whether to approve your loan — they act more as an administrator, pushing paperwork through and explaining the loan's terms. Mortgage ...
Mortgage originators are part of the primary mortgage market. They must work with underwriters and loan processors from the application date until closing to gather the necessary documentation and ...
In the months ahead, with the presidential election approaching and the Federal Reserve eyeing interest rate cuts, originators will scrutinize how shifting fiscal policy could influence the ...
That’s the advice of Stephen Whitcombe, MD of Firzt Realty, who says the in-depth knowledge that originators have about various mortgage products, rates and the lending process ensures that they ...
It was a government-owned corporation with the mission of creating a secondary market for mortgages. Fannie Mae bought mortgages from the originators, returning the cash proceeds to the institutions.