Sentences with phrase «loan volume for»

Manufactured home loan volume for loans under $ 75,000 decreased in 2014 even though the housing market as a whole improved.

• Executed effective mortgage marketing strategies and exceeded annual mortgage goals by 30 % • Effectively documented mortgage loan volume for the past one year • Completed loan application documents and provided timely required disclosures under the law remaining in constant communication with the client.

$ 2.836 billion was the total loan volume for 2016.

Prime mortgage loan volume for whites fell to $ 876 billion in 2009 from $ 1.2 trillion in 2004, while Asians saw loan volume decline to $ 90.6 billion in 2009 from $ 121 billion in 2004.

Not exact matches

The nation's third - largest bank and largest Small Business Administration lender by dollar volume announced Tuesday it will launch what it calls FastFlex loans for its small business customers, via a quick online application process.

Express has come to dominate the program — in Virginia, it accounts for 60 percent of all 7 (a) loans, though not quite a quarter of the dollar volume.

«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used high volumes of debt to finance their growth over the past several years,» Grant Wilson, director of commercial credit for the Office of the Comptroller of the Currency, a banking regulator, told Bloomberg in an interview.

Between 2013 and 2016, Detroit - based Quicken Loans closed more than $ 300 billion in home loan volume across all 50 states, and in 2016, for the seventh consecutive year, earned J.D. Power's highest rating for client satisfaction among all U.S. mortgage lenders.

For its large volume of home loans, Quicken boasts a much lower rate of mortgage - related complaints shown in the public CFPB database.

During the financial crisis, private mortgage insurance lenders went into hibernation, producing just 15 percent of mortgage insurance volume, compared with nearly 70 percent for FHA - insured loans.

Using an extensive set of data on loan performance that we have developed with Equifax, we find that multiple first mortgage lien holders — that is, people owning more than one home — account for about 40 percent of the dollar volume of seriously delinquent mortgage balances, up from about 5 percent in 2004 (Chart 10).

Merchant cash advances are a good option for small business owners that collect payments through cash, checks or credit cards (as opposed to invoices), have a high volume of sales, need funding quickly or may not qualify for a traditional bank loan.

«We are beginning to see some deterioration in the credit quality of oil and gas loans to borrowers that used high volumes of debt to finance their growth over the past several years,» Grant Wilson, director of commercial credit for the OCC, said in an interview.

As a proven and passionate champion for small businesses, Karl has consistently been a top performing SBA relationship manager in the country and has generated significant SBA loan volume throughout the country.

Over the last several years, loan volume has exploded for Lending Club — they did over $ 2B in loans on the platform in 2013 and have far surpassed this amount already in 2014.

In both cases, this is typical «control fraud» from the banking sector as it allowed exponential growth in profit in the short term through higher loan volumes (for a given level of bank capital).

Most industry and analyst expectations are for US light vehicle volumes to increase again in 2012, underpinned by a very aged fleet of vehicles on the road in the US, reasonable flow of consumer credit for car loans, and a slowly improving US consumer.

Bank of America, one of the largest mortgage lenders in the U.S. based on loan volume, recently announced it would offer a 3 % down payment home loan without charging borrowers for private mortgage insurance.

The volume of bank loans outstanding by Japanese banks has been declining for the past two years.

Kogan joined Pearl following a 10 - year career in the fintech space, most recently serving as the director of OnDeck's broker division, where he funded 10,000 loans for more than $ 650 million in volume and was able to grow production from $ 14 million to more than $ 40 million per month.

«Mortgage rates on 30 - year loans have increased 50 basis points since the week prior to the election, hitting their highest level since October 2014, and causing refinance application volume to dip 28 percent to a new low for the year,» said Mike Fratantoni, MBA's chief economist.

Federal programs for home loans including FHA and VA loans are driving current volumes of activity for home purchases and mortgage lending, according to a report issued by the Mortgage Bankers Association (MBA).

During the financial crisis, as home mortgage volume fell dramatically, banks turned to auto loans to make up for the lost revenue.

Merchant cash advances are a good option for small business owners that collect payments through cash, checks or credit cards (as opposed to invoices), have a high volume of sales, need funding quickly or may not qualify for a traditional bank loan.

Everybody wants a loan at Christmastime, to buy presents for their family and friends, but this means your chances of approval are slimmed down, due to sheer volume of applicants.

According to the Mortgage Bankers Association, loan volume surged by more than 14 percent and applications for a refinance, including a VA streamline, increased by more than 22 percent compared to the previous week.

Although FHA's lending guidelines were compromised by some FHA lenders in their haste to process high volumes of mortgage loans before the housing bust, FHA lending requirements require full documentation of income, employment, and other assets used for buying or refinancing a home, unlike with Alt - A loans of years past.

Mounting piles of student loan debt not only speak volumes about the unaffordability of college, but also the unavailability of a family piggy bank for higher education.

For its large volume of home loans, Quicken boasts a much lower rate of mortgage - related complaints shown in the public CFPB database.

This isn't new for the area as the total volume of its student loans has jumped 380 percent since 2003.

California mortgage brokers reported a slight drop in second mortgage rates and the volume for home equity loan applications increased slightly for this period.

Part of the problem stems from the sheer volume of loans going bad, an outcome that few lenders were prepared for.

Mortgage brokers, for - profit college admissions personnel, and loan originators were able to arrange enormous loan volumes with little to no skin in the game.

A school certification may be completed very quickly, but it can take a long time for all loan certifications to be processed because of the high volume of students that apply for funding.

The lender's advantage over these large banks was apparent even after accounting for their differences in loan volume.

One recent article sent out to thousands of mortgage professionals across the nation exhorted loan officers to try to make a higher percentage on each individual loan to make up for their lack of loan volume.

The donation will support housing for veterans and their families and comes on the heels of a record - breaking month for AAG's reverse mortgage loan volumes.

Despite joining the mortgage industry in just 2016, he was honored by the Scotsman Guide, a prestigious source for professionals in the home loan field, as one of 2017's top 50 loan originators in the country for VA volume.

As of fiscal year 2013 about $ 94 billion — over 11 percent of federal student loan volume in repayment — was in default, which generally occurs when a borrower fails to make a payment for more than 270 days.

Mortgage refinance volumes for cash out loans have been on the rise in 2008.

However, the Department believes that using the President's Budget 2015 baseline that reflects current operations and any changes in PLUS loan volume from the 2011 changes in the process for adverse credit determinations is appropriate

After spending only a few years in the industry, he is already on the 2017 Scotsman Guide's list of Top 75 loan originators for VA volume in the country — a real accomplishment!

Mortgage applications up 7.5 percent A survey that measures mortgage loan application volume showed an increase of 7.5 percent for the week ending July 4, after an adjustment to account for the holiday, the Mortgage Bankers Association reported.

The fact that they still insure FHA bad credit loans for borrowers with minimal down - payments speaks volumes as to their risk factor at the end of the day.

A servicer has flexibility to determine such policies and procedures and methods in light of the size, nature, and scope of the servicer's operations, including, for example, the volume and aggregate unpaid principal balance of mortgage loans serviced, the credit quality, including the default risk, of the mortgage loans serviced, and the servicer's history of consumer complaints.

My suspicion is near the bottom, as loan volumes increase, banks will be looking for ways to move mortgages off of their balance sheets, and securitization should increase.

For example, the volume of residential mortgage loan originations typically declines as interest rates rise, resulting in lower originating fees.

Each time we close a loan on time or early for a loan officer, this equals a better reputation for the company and increased volume for all of us.

30 - Year Mortgage Refinancing - We have seen loan application volumes surge once again as 30 - year mortgage refinance rates are so low that people can't resist getting in line for a lower interest rate.

Europe is the next big market for P2P lending: The alternative finance market in Europe reached nearly $ 3 billion ($ 3.9 billion) in 2014, a 144 % jump, and small - business P2P loan volume in France grew almost 4,000 % last year, to reach $ 8.2 million ($ 10.6 million).