Tag Archive for: mortgage lending

Algorithm Lending Is Returning, Thankfully! (5-MINUTE HELOCs ARE HERE)

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Prior to 2008, mortgage lending relied very heavily on algorithms – which would have worked beautifully if ONLY home values had gone straight up forever and if interest rates fell forever.Read More

Mortgage Lending Is Extremely Difficult Again (New Loan Products Galore) – And I Could Not Be Happier

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In the 1990s and early 2000s, there were hundreds of loan products – with thousands of guidelines to remember – and it was brutal! This was, however, a huge boon […]Read More

A Crashing Mortgage Industry, Led By Better Mortgage; Uh Oh…

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Better Mortgage dominated the refi market for years all the way through COVID by pretty much giving away loans in order to capture market share – like so many tech firms do. And … it didn’t work. At all. Investors like SoftBank and Goldman Sachs originally fell for Better’s story (tech and model made it the “Ferrari” of mortgage lending) investing $1.5 billion. But, Better lost well over $1 billion in 2021 and 2022 (when times were still good) and almost $90 million in Q1 of this year. And … it didn’t work. At all.Read More

Lower Rates, Explained: How JVM Does It

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JVM Lending’s rates are often lower than what you’ll see in national surveys. Learn how our direct lending channels and pricing model make it possible.Read More