$4 Billion Loans Closed
We are honored to celebrate this achievement and thank all of our business partners and employees for helping us get here. For over 20 years we have been Changing Lives and we couldn’t do it without you!
Best Practices for PIWs and Pricing – NEW Download LOX
Check for PIW and Compare Price on All Loans with these Best Practice Tips – NEW download Appraisal Alternative Notice (a completed LOX will be required by UW) Check for Appraisal Alternative Notice It is always a best practice to…
GMFS $3,000,000,000 Production
Congratulations to our GMFS Family for $3,000,000,000 Please help us congratulate our team at GMFS! It takes a lot of hard work and dedication to reach this milestone and it definitely does not go unnoticed by our peers and partners….
BESTX Mortgage Insurance Enhancements
BESTX Mortgage Insurance Enhancements With this release, we are making several enhancements to our BESTX™ Mortgage Insurance quote search functionality, adding additional parameters to the quote request and updating both the quote request and search results screens. New Fields Added…
GMFS Best Places to Work Winner 2020
GMFS #3 Best Places to Work in Baton Rouge 2020 GMFS is a 2020 Best Places to Work in Baton Rouge Winner! The awards program is a project of the Greater Baton Rouge Business Report, the Greater Baton Rouge SHRM,…
Update – Fannie/Freddie Announce Refinance Price Adjustment Postponed,...
New Adverse Market Refinance Pricing Fee Postponed! The Federal Housing Agency has directed Fannie Mae and Freddie Mac to postpone the previously announced loan-level price adjustment of 50 bps for new refinance transactions. The new refinance price adjustment will NO…
Tom D’Armond Discusses Options for Homeowners with LPB
From LPB’s Louisiana: The State We’re In – Tom D’Armond, VP GMFS, discusses the current problem and solutions available for homeowners during the pandemic. Louisiana ranks second in the nation in homeowners who are behind in their mortgage payments, related…
Compliance Tips
Is Compliance Complicated? Here are a few tips to help! Tip #1: We have recently seen more loans exceed the maximum points and fees test. When locking your loans, please pay particular attention to the following when locking the loan…
Reminder to Check Fannie AND Freddie – Best Practices in Optimal Blue
Reminder to Check Fannie AND Freddie – Check for PIW and Compare Price on All Loans with these Best Practice Tips Check for Property Inspection Waiver (PIW) It is always a best practice to run your AUS through DU AND…
$750 Customer Retention Credit – Don’t Forget This Important Step
GMFS is now offering a $750 customer retention credit to existing GMFS customers *Effective with NEW locks. In order to qualify as an existing GMFS Customer, borrower must have an active mortgage with GMFS. To receive lender credit existing mortgage…
Best Practices in Optimal Blue
Check for PIW and Compare Price on All Loans with these Best Practice Tips Check for Property Inspection Waiver (PIW) It is always a best practice to run your AUS through DU AND LPA to determine if your borrower is…
$750 Customer Retention Credit
GMFS is now offering a $750 customer retention credit to existing GMFS customers *Effective with NEW locks. In order to qualify as an existing GMFS Customer, borrower must have an active mortgage with GMFS. To receive lender credit existing mortgage…
New OB GMFS Servicer Toggle
Effective Immediately Optimal Blue has changed how to enter the data related to current servicer. You will now see a toggle on your landing page that says “GMFS Servicer” Y/N. It will default to No. Any previous locks will not…