Nonbank Mortgage Profit Margins Improve, But Expenses Are Up

  Nonbank mortgage lenders regained their footing in the third quarter, upping their net profit by 28% to $2,594 on each loan originated, according to a quarterly report published by the Mortgage Bankers Association on Tuesday. Therefore, Nonbank Mortgage Profit Margins Improve. We hope you enjoyed last week’s edition where we talked about October Saw […]

October Saw Mortgage Apps Rise For New Homes By 6%

  Mortgage applications for new home purchases dipped by 15.2% year-to-year in October, according to a monthly builder survey published by the Mortgage Bankers Association this week. We hope you enjoyed last week’s edition where we talked about Borrower Creativity Helping to Holding Delinquencies Down. This week we’re bringing you:   NAR rakes in member […]

Mortgage Borrowers Creativity Helping to Holding Delinquencies Down | Deep Insights

  Mortgage performance continues to improve and CoreLogic says “households have found creative ways to cut back on spending to prioritize mortgage payments. Mortgage Borrowers Creativity Helping to Holding Delinquencies Down. We hope you enjoyed last week’s edition where we talked about Loan Officer Wallets Flatten As Refis Dry Up. This week we’re bringing you:   […]

How Much Could Wire And Title Fraud Cost Lenders?

  With loan production costs on the rise resulting in margin compression, lenders should be on the lookout to reduce costs wherever possible in the origination process. We hope you enjoyed last week’s edition where we talked about The Originations Landscape Is Shifting – Is Your Business Ready? This week we’re bringing you:   What does […]

How Lenders Can Turbocharge Mortgage Operations for Today’s Home Buyers

  Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Are Consistently Error-Free Closings Within Reach For Lenders? This week we’re bringing you: How Lenders Can Turbocharge Mortgage Operations for Today’s Home Buyers […]

Are Consistently Error Free Closings Within Reach For Lenders?

Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Construction Numbers Pushed Higher by Multifamily Surge. This week we’re bringing you:   Loan origination complaints spike during pandemic* White borrowers are more likely […]

Student Loan Debt Holding Back Majority of Millennials from Homeownership

  Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Mortgage Applications Continue Downward Trend. This week we’re bringing you:   Treasury removes restrictions on investment properties* Suspension of recent PSPA amendments restricting […]

Mortgage Applications Continue Downward Trend

  Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about Unlicensed Mortgage Broker Defrauded Wholesale Lenders. This week we’re bringing you:   63% of Americans think it’s a bad time to buy a […]

The Mortgage Market Moves To Purchase

    Welcome back to iLeads Mortgage Market Minute, where we bring you the latest, most relevant news regarding the mortgage market. We hope you enjoyed last week’s edition where we talked about 30-Year Mortgage Rate Tracked by MBA Drops Below 3%. This week we’re bringing you:   Closing Times Improve But Pull-Through Falls -Origination […]