Posted To: Pipeline Press

Let me get this straight. It’ll take a year or two for a cure for a virus that can be killed with hand sanitizer, soap, and hot water? COVID is driving our economy, driving headlines, driving working from home and managing employees working from home , and driving the behavior of residential lenders. Speaking of headlines, two Michigan lenders were in the headlines yesterday for two very different reasons. United Wholesale made news for having 50 confirmed virus cases . Rocket Companies, owner of Quicken Loans , made news for its Initial Public Offering and subsequent one-day price rally of 25 percent. Was the stock underpriced, or was the demand that strong? Time will tell. Lender Products and Services Are you ready for VA IRRRL and FHA Streamline refinance opportunities in this market…(read more)

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Source: Mortgage News Daily