BLUELINE Blog

The Bifurcation of Refinance and Purchase Rates

Published October 13, 2020

Historically, there has been little to no difference in refinance and purchase rates. A borrower looking to do a rate-term refinance on a primary residence would typically be offered the same rate as they would for a purchase loan on the same [...]

The Risks & Rewards of Social Media in Mortgage

Published September 16, 2020

As social media becomes more pervasive, it presents an enormous opportunity to engage on these platforms with potential homebuyers. While it’s thought to be dominated by the younger generation, research shows that individuals of all ages are [...]

Social Media for Loan Officers—Building Your Brand

Published July 30, 2020

Maintaining an active presence on social media—although voluntary—is essentially required in today's digital era, especially for businesses that thrive on building and sustaining relationships. Ask any marketer and they will tell you the critical role [...]

Discover the Power of Integrated Mobile Rate Locking

Published July 20, 2020

Consider the number of mortgage technology vendors a typical lender utilizes in their technology stack whenever they originate a loan. A conservative estimate might be a dozen or so different partners, though it is not uncommon for this number to be as [...]

Great News!...? FHA Will Start Taking Loans in Forbearance, but Not All of the Risk

Published June 15, 2020

Loans that were originated according to FHA guidelines – that went into forbearance before they were able to be move them over to FHA – are now able to be insured by the FHA. There are, of course, some restrictions and stipulations that are associated [...]

Time to Start Thinking About Getting Conventional Loans Out of Forbearance

Published May 29, 2020

As we head into June, it feels like the eye of the storm in the mortgage industry. Forbearances are still increasing but at a greatly diminished rate, rates are still low, volume is still high, many states have begun to reopen, and the secondary market [...]

COVID-19 Forbearance Issues & Cash-out Considerations

Published April 24, 2020

As you are likely aware, the prospect of borrowers becoming unemployed as a result of COVID-19 shutdowns has become a reality, but the depth of that part of this crisis has yet to be determined. Thus, the threat of loans entering forbearance is a [...]

Mortgage Volumes Still Strong Despite Economic Uncertainty

Published April 23, 2020

During these unprecedented times, we are all trying to stay safe and healthy. Among other measures, this means a lot of social distancing and time spent in your current place of residence. The purchase market is slowing as both supply and demand are [...]

Downside Risks in the Mortgage Market

Published April 7, 2020

The COVID-19 pandemic is not a housing crisis in its nature, but there are several places throughout the industry where the pandemic or policy response to it has hit at some vulnerabilities in the market. For the most part, these vulnerabilities tend [...]

Is the Virus-related Mortgage Market Turmoil Abating?

Published April 6, 2020

The COVID-19 crisis continues, and the mortgage industry is still reeling from its effects. Margin calls almost went too high for the industry to stomach, investor and agency cash pricing is awful, and March mark-to-market (MTM) results are ugly, [...]