A&D Market Digest for Week of 10/16/23

The market is going crazy, rates are going crazy… How do you survive and thrive in today’s mortgage market? Find out the answers to these questions in the A&D Digest!

In the latest episode of A&D Digest, Alex Suslov, Head of Capital Markets, shares expert insights on the current state of the mortgage industry, and Mike Pearson, SVP of Business Development, provides updates from the Colorado Mortgage Summit.

KEY HIGHLIGHTS 

• Affordability challenges due to rising property prices and interest rates
• Increasing popularity of DSCR products for investment properties
• A&D’s improved guidelines, making it easier for borrowers to qualify
• Advancements in technology: OCR, AVM
• Advice on entering the real estate market and refinancing
• Highlights from the Colorado Mortgage Summit

Don’t miss out on this insightful episode to stay informed and make confident decisions on your brokerage journey!

MORTGAGE NEWS

• HOUSING WIRE— — California finally passes RON legislation. After a years-long voyage through the state legislature, Gov. Gavin Newsom signed a bill Saturday allowing remote online notarization in California. The bill was previously approved by the state legislature in mid-September.
• SCOTSMAN GUIDE —  Putting Down Roots. The article covers essential topics such as understanding the unique needs of international clients, navigating complex documentation requirements, and building trust to facilitate a seamless lending process.