Latest News and Industry Updates
DALLAS, TX - Last month, Erica Price had the opportunity to be honored as a guest speaker at the NEXT™ Women in Technology Conference in Dallas, Texas. The NEXT™ Conference touched on many industry topics, namely, the new one-click dual AUS submissions for Fannie Mae and Freddie Mac loans and the increasing need for automation and efficiency in the mortgage transaction. Price, who recently moved into a Chief of Credit role after several years of acting as Chief of Mortgage Operations, proudly represented Cardinal Financial at this event and talked about the ways in which we’re well positioned for the future of the mortgage industry.
CHARLOTTE, NC - This week we witnessed the 10-year Treasury yield reach 3% for the first time since January 2014, and it’s expected to rise even higher. This shift is likely because the Fed is expected to hike interest rates again in the near future. And with the economic growth the nation is experiencing comes debt that’s necessary to finance it and more inflation. If the 10-year Treasury yield continues to rise, it could affect business and consumer loans—including the possibility of an increase in mortgage interest rates.
CHARLOTTE, NC - March 5, 2018 - We’re proud to announce that we’ve recently earned the home service industry’s coveted 2017 Angie’s List Super Service Award. This prestigious award honors home service professionals who have maintained exceptional service ratings and reviews on Angie’s List in 2017. This is major recognition for the whole Cardinal Team and we’re so excited to receive such high praise.
CHARLOTTE, NC, January 29, 2018 - Cardinal Financial was featured in National Mortgage Professional Magazine’s 2018 list of Top Mortgage Employers thanks to the support and dedication of our wonderful employees! NMP Magazine’s readers were polled on criteria such as compensation, marketing support, technology, corporate culture, innovation, day-to-day management, and more. The poll results were factored in along with industry reputation to create a list of the best places to work in the mortgage industry.
Five highlights you might want to know about the latest tax reform. Congress officially passed the first major tax reform in 31 years. What does this mean for the mortgage industry and for homeowners (and would-be homeowners) across the country? Here are five things we think you should know about the latest tax reform.
A higher debt-to-income ceiling should prove helpful for many first-time buyers. Fannie Mae, one of the mortgage industry's major influencers, just released news that they are easing up on debt-to-income (DTI) requirements for eligible borrowers. This summer, the current DTI limit will be raised from 45 percent to 50 percent, beginning July 29. Although five percent doesn't sound like a huge deal, it's an exciting change for several reasons.
In February 2017, after nearly a decade of planning, concepting, and developing, we successfully launched our proprietary loan origination system, Octane. After many years and many dollars spent investing in this incredible loan platform, this was a moment in the history of Cardinal Financial we were proud to announce. So, why did we do it?
CHARLOTTE, NC, November 14, 2016 - After the successful launch of its new brand, website, logo, color palette, and more on August 23, 2016, nationwide direct mortgage lender Cardinal Financial Company, Limited Partnership wins the 2016 W3 Silver Award for its new website cardinalfinancial.com.
After three years of explosive growth, mortgage lender Cardinal Financial Company, Limited Partnership rebrands and launches a new website, logo, color palette, and more. The company’s vision to lead and disrupt the mortgage industry by modernizing the way home loans are obtained is fully realized in this new brand refresh. While its original logo and website served their purpose in Cardinal Financial’s formative years, the company’s recent volume spikes and rapid growth made it clear that now is the prime time to rebrand.