FREDDIE MAC ANNOUNCES CHANGES TO SELLER GUIDE

February 28, 2017 by Lara Rausch, V.P. of Products and Training in EDUCATION

Freddie Mac (FHLMC) has announced several upcoming changes to their seller guide, specifically in relation to Assets and Income. With these changes, you will find there are some enhancements for qualifying, as well as some new restrictions/requirements. One of the changes is that FHLMC will be requiring analysis of the business to support that the business has sufficient liquidity and is financially capable of producing stable monthly income for the borrower, similar to Fannie Mae.

USING A TAX REFUND FOR DOWN PAYMENT

February 23, 2017 by Diana Whittington, Mortgage Loan Officer

Tax time is the perfect time to sit and get a financial review before you finish up taxes and push the go button… or if you have already finished your taxes, we highly encourage that you speak with a loan officer and your tax advisor to see what things could improve your tax situation and even your living situation.

MADMEN & WOMEN OF CORONA POINTE COURT

February 14, 2017 by Paul Lucido, Chief Marketing Officer

National Marketing Director, Paul Lucido reminisces about the history of the modern era of Madison Avenue advertising and many of its principles that still apply today.

PRMG CALIFORNIA EMPLOYEES GO GREEN!

January 27, 2017 by PRMG Marketing

IN ALIGNMENT WITH PROPOSITION 67

Grocery stores in California will no longer be issuing plastic bags and therefore will be charging $0.10 per bag at checkout. Great News! PRMG is happy to announce that we will be providing FREE Reusable Shopper Totes to all PRMG California Employees.

PARAMOUNT RESIDENTIAL MORTGAGE GROUP, INC., ROLLS OUT 2017 NATIONAL MARKETING CAMPAIGN – THE ART OF LENDING.

January 06, 2017 by PRMG Marketing in MARKETING

“We are very excited about this years’ upcoming national marketing campaign that was recently showcased on the cover of the 2016 December issue of the Scotsman Guide. The new advertising campaign ties nicely into underlying slogan “progress is not possible without change” and will speak to a series of locks-ups we have slated for all our advertising in 2017” said Paul Lucido, National Marketing Director, PRMG.

PRMG ST. LOUIS PARK GIVES BACK TO VETERANS

December 23, 2016 by Stephanie Guizar, Corporate Marketing Team Lead in PHILANTHROPY

Several of PRMG’s Loan Officers and branches have teamed up with Home for Heroes, a nationwide organization that brings together specialists from the mortgage industry to help our nation’s heroes save on the home of their dreams.

MILLENNIALS MUST BE COACHED INTO HOMEOWNERSHIP

December 15, 2016 by Chris Sorensen, S.V.P./ National Director of Retail Production in MORTGAGE INDUSTRY

Imagine yourself a young person in a home in 2008 that your family had only recently moved into. You changed schools as your parents did all they could to buy in a particular neighborhood which would allow you to go to an award winning school with test scores at the top of the charts.

Everything seemed perfect as you finally had your own room with privacy you so desperately prayed for and a neighborhood full of kids your own age who all felt safe to play out front.

But it was not to last...

PRMG PULLS OUT ALL STOPS TO FOCUS ON PROVIDING BETTER TECHNOLOGY ACROSS ALL BUSINESS CHANNELS

December 01, 2016 by Kevin Peranio, Chief Lending Officer

At PRMG we are focusing a lot of time and resources on the technology front. The brand new Correspondent Portal is completely rolled out. The feedback from brokers that are totally set up on it is that the system is fast, clean and simple to use. This was a big undertaking for PRMG but we are investing heavily in the Correspondent Channel.

MNN CENTURION ROUNDTABLE INTERVIEWS WITH ZACH MCCREA

November 21, 2016 by PRMG Marketing

I didn't go to school to become a Mortgage Banker. I came to learn about the industry and what I liked and became enamored with was that it is constantly evolving, it is constantly changing. Every time I come in, it is not like the move Groundhog Day.

MORTGAGE MARKET NEWS │ 11.18.16

November 18, 2016 by Angie Roman, Secondary Marketing Manager in SECONDARY MARKETING

It has been another rough week for mortgage rates. Volatility has been high. The market action was driven almost entirely by expected policy changes under the Trump administration. Mortgage rates rose during the week to the highest levels of the year.

Progress is Not Possible Without Change.

November 16, 2016 by Paul Lucido, Chief Marketing Officer in MARKETING

2015 showed strong signs of growth for many mortgage professionals and companies across the nation. Additionally, regulatory agencies ranging from the implementation of TRID to the CFPB have clearly played a major role in governing what we can and cannot do, forcing many mortgage entities to rethink their game plan and learn to adapt to the ever changing landscape.

Yes, change seems to be the subject on everyone’s tongue these days and has always been somewhat of a controversial matter.

MNN CENTURION ROUNDTABLE INTERVIEWS WITH JOSHUA GLAZ

November 14, 2016 by PRMG Marketing

I'm not a marketing person, I'm not very good at getting out there and sending emails and blasting people so I stay involved in the community with the kids. I coach little league, Vice President of our little league, PTA President of our elementary school, I'm part of Rotary International and just keeping myself out there.

MORTGAGE MARKET NEWS │ 11.11.16

November 11, 2016 by Angie Roman, Secondary Marketing Manager in SECONDARY MARKETING

The unexpected results in the Presidential election caused significant volatility in the markets, both overnight as the likelihood of a Trump victory grew and the next couple of days as investor expectations for the U.S. economy under Trump became the focus. Mortgage rates ended the week at the highest levels of the year, and the Dow stock index reached a record high.

MNN CENTURION ROUNDTABLE INTERVIEWS WITH ENRIQUE BRAUNSCHWEIGER

November 08, 2016 by PRMG Marketing

We are partnered with PRMG, they are practically our exclusive bank that we use, we work with a very particular team. Annie Gotch is our Account Executive and she has a team of people that are really behind us

MORTGAGE MARKET NEWS │ 11.4.16

November 08, 2016 by Angie Roman, Secondary Marketing Manager in SECONDARY MARKETING

Over the past week, the meeting of the Bank of England and news related to the U.S. election were the main influences on mortgage rates. The U.S. economic data had little impact. The net result was that mortgage rates ended the week a little lower.

MNN CENTURION ROUNDTABLE INTERVIEWS WITH SPECIAL GUEST ALEX QURAISHI

November 08, 2016 by PRMG Marketing

I love dealing with people, talking with people and meeting with people, this is what we do and putting deals in terms that best meets the clients needs. I get a joy out of helping families.

MORTGAGE MARKET NEWS │ 10.28.16

October 28, 2016 by Angie Roman, Secondary Marketing Manager in SECONDARY MARKETING

Over the past week, events outside the U.S. caused global bond yields to move higher. The U.S. economic data had little impact. As a result, mortgage rates ended the week at the highest levels since the middle of June before the UK voted to exit the European Union.

MNN CENTURION ROUNDTABLE INTERVIEWS WITH SPECIAL GUEST LYDIA ISLAS

October 24, 2016 by PRMG Marketing in WHOLESALE

Because we live in this world and in the U.S. there is an opportunity for everybody and it's just you having an awesome broker behind you and an awesome lender like PRMG, that makes it all happen, I can go out there and be the best I can be.

MORTGAGE MARKET NEWS │ 10.21.16

October 21, 2016 by Angie Roman, Secondary Marketing Manager in SECONDARY MARKETING

Both central bankers and economic data influenced mortgage rates over the past week. Comments from the top two Fed officials caused some volatility but had little net impact. Weaker than expected inflation data was favorable. As a result, mortgage rates ended the week a little lower.

GIVING EMPLOYEES THE TOOLS TO STRIVE

October 17, 2016 by Lara Rausch, V.P. of Products and Training in EDUCATION

Our goal with PRMG University is ultimately to enhance employee satisfaction, improve performance and increase productivity.