Home » Short Takes: The Emphasis is on ‘Informal’ / A 60-day Rate-Lock Reprieve? / Refi FOMO (Maybe) / It Would Help / Promotions at Subservicing Specialist BSI
Short Takes: The Emphasis is on ‘Informal’ / A 60-day Rate-Lock Reprieve? / Refi FOMO (Maybe) / It Would Help / Promotions at Subservicing Specialist BSI
The general consensus is that this new loan-level price adjustment will not be killed outright but very well could be moved back by at least 60 days from its current Sept. 1 implementation date. This would allow lenders facing rate-lock hits to avoid financial damage…
It will be the 11th issuance of its type by loanDepot.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.