In this episode, we explore key mortgage industry updates impacting buyers, lenders, and PMI companies. Starting with the FHFA’s recent expansion of appraisal waivers, we discuss the potential benefits and drawbacks, looking at how it may streamline the homebuying process and what it means for property valuations and PMI (Private Mortgage Insurance) companies. Discover insights into how appraisal waivers may reshape the mortgage process, reducing costs and time, yet introducing potential risks in underwriting. Next, we focus on the concerning rise in mortgage fraud tied to ITIN loans (Individual Taxpayer Identification Number loans). As ITIN loans become more common for homeownership opportunities, we highlight the types of fraud affecting these loans, how lenders and buyers can protect themselves, and why this trend matters for the broader real estate market.

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301

n this episode, we dive into the major news of Flagstar selling its mortgage servicing business to Mr. Cooper and what this could mean for homeowners and the mortgage industry. We also discuss the latest data on the Mortgage Credit Availability Index—what it means for buyers and the overall lending environment. Plus, find out why home seller profit margins slightly declined in the 3rd quarter, and how the upcoming election could impact homebuyers and the real estate market.

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301

Are you keeping up with the fluctuating mortgage rates this October? In this episode, we break down what’s happening with rate cuts and why homeowners insurance premiums are on the rise. If you’re considering buying, refinancing, or just want to know how these changes could affect your mortgage payments and homeownership costs, this episode is for you!

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301

In this episode, we bring you the latest on mortgage rates and explore an emerging trend that’s raising eyebrows: Zombie Mortgages making a comeback! What are zombie mortgages, and why are they reappearing now? We break down what this means for homeowners, buyers, and investors alike.

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301

In this episode, we dive into the big question on everyone’s mind: Will lower mortgage rates actually fix the housing market? While reduced rates can improve affordability for buyers, they might also fuel intense bidding wars, driving up home prices even more. So how do we really solve the housing supply crisis?

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301

How the Fed rate cut impacts mortgage rates for homeowners and buyers? How to take advantage of lower mortgage rates? What is redlining in real estate and why it’s harmful? The importance of fair lending practices and equal access to home loans.

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301

Are you planning to build your dream home or invest in a custom-built property? In this episode, I break down everything you need to know about construction mortgage loans. Whether you're a first-time home builder or a seasoned real estate owner, understanding the ins and outs of construction financing is crucial for making informed decisions.

Western Ohio Mortgage MB #9601 Adam J. Rose NMLS #870301