As we’ve commented in the past, it makes a lot of sense for a mortgage banker and/or originator to partner with a commercial bank. The benefits are numerous: strong capital, liquidity, large warehouse ...

Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, marketing, and the impact of technology on contemporary arts and culture.

Jordan Tarver has spent seven years covering mortgage, personal loan and business loan content for leading financial publications such as Forbes Advisor. He blends knowledge from his bachelor's degree ...

Bank of America spent $1.5 billion on legal fees in the last three months of 2010. Sometimes we have trouble imagining big numbers. In the US, our median household pretax income is about $50,000. If a ...

Move over, real estate agents, and make way for the person who gives homebuyers the financial ability to buy a home – mortgage loan officers (MLOs). Also known as mortgage loan originators or mortgage ...

A loan officer works at a bank, mortgage company or other financial institution and helps guide consumers through the process of obtaining a loan. Loan officers represent their financial institution’s ...

The national average annual wage for loan officers is over $20,000 more than the average annual wage for all occupations, $80,570 versus $58,260. Whether you’re buying a house, or buying a car, or ...

Loan officers manage loan apps, guiding borrowers and coordinating with teams. To find a skilled loan officer, use referrals and verify their credentials. Effective communication with your loan ...