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David Mully

175 Articles

David Mully is president and CEO of Lender Insider, a mortgage consulting firm. With 26 years in the mortgage industry, he has worked as both a mortgage loan officer and in the business-to-business sector of the industry. He is the former author of the weekly "Mortgage Search" column for Observer and Eccentric Newspapers. You can read his blog at http://www.lenderinsider.com/blog.

Small Lenders Chafe Under QM Rules
Mortgage

Small Lenders Chafe Under QM Rules

Small lenders are complaining about the new qualified mortgage (QM) rules that took effect last week, saying they put an undue burden on them and limit their ability to offer certain types of mortgages their customers demand.

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 8 years ago | 3 minutes read time
Low appraisal? When selling, your options aren't great
Home Purchase

Low appraisal? When selling, your options aren't great

You know that a low appraisal of your home can scuttle your chances to refinance. But did you know that a low appraisal can also swallow your profits when you're ready to sell your home, or that a low appraisal can even derail a sale after you and a buyer have agreed on a purchase price?

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 7 years ago | 4 minutes read time