Designed to carry you through the process of onboarding through career advancement and setting yourself apart, the Residential Certified Mortgage Servicer (RCMS) Certificate and Designation program is a comprehensive program comprised of three levels.
Category: News and Trends
Mortgage Credit Availability Decreased in June
Mortgage credit availability decreased in June according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.
Quote of the Day
“Credit availability decreased in June after six months of growth, primarily led by fewer programs with low minimum credit scores.”
–MBA Vice President and Deputy Chief Economist Joel Kan
UAD 3.6 is Appraisal’s Turning Point. Don’t Sleep on It.
Class Valuation’s Ashlee Randall writes that fundamental transformation doesn’t come often to the valuation space, “but when it does, it changes everything. That’s precisely what the Uniform Appraisal Dataset 3.6 is poised to do.”
Cotality: Taxes, Insurance Appear to Drive Some Increase in Serious Delinquencies
Cotality, Irvine, Calif., released a new report analyzing the effects of property taxes and insurance in states seeing upticks in serious mortgage delinquencies.
Upcoming School of Loan Origination Courses
MBA Education’s School of Loan Origination (SOLO) is a live, instructor-guided online course designed to provide an in-depth working knowledge of how to originate residential mortgage loans.
Chart of the Week: Average Wage Growth for Job Stayers Vs. Switchers
Given the current economic uncertainty, a lot of attention is being paid to the health of the labor market. Overall, it is fair to say that the job market is still healthy but continues to weaken.
Remodeling Market Sentiment Dips
Most remodelers continue to express positive sentiment, but some report slowing activity, the NAHB/Westlake Royal Remodeling Market Index found.
Today: The Current State of Non-Agency Lending
Join the Mortgage Bankers Association and industry experts for a timely look at the state of non-agency lending in single-family real estate finance.
WalletHub Compiles Best, Worst Places to Rent
WalletHub, Miami, analyzed where renters are best positioned across 21 key measures related to rental attractiveness and quality of life. The best city, the analysis found, was Overland Park, Kan.