Purchase Loans Drive Mortgage Applications Higher
Mortgage applications climbed 1.4% for the week ending Jan. 7, 2022, according to a survey published by the Mortgage Bankers Association this week. We hope you enjoyed last week’s edition where we talked about Opinion: Mortgage Industry Will Shed 100K Jobs This Year. This week we’re bringing you: Mortgage delinquency rate reaches pre-pandemic levels* In […]
Opinion: Mortgage Industry Will Shed 100K Jobs This Year
But people are the mortgage industry will most important and valuable asset… We hope you enjoyed last week’s edition where we talked about Automation Helps Lenders Respond To Rising Mortgage Rates. This week we’re bringing you: What’s holding the industry back from broad-scale digital closing adoption?* One of the biggest challenges lenders face is […]
Automation Helps Lenders Respond To Rising Mortgage Rates
Higher inflation, post-pandemic economic recovery, and a reduction in Federal Reserve stimulus incentives are key economic factors expected to put upward pressure on interest rates as we move into 2022 — increasing the already stiff competition among mortgage lenders. This is why, mortgage rates increased in 2022, We hope you enjoyed last week’s edition where […]
Mortgage Critical Defects Increase As Refi Market Fades
Mortgage Critical defects climb to a rate of 2.27% in Q2 2021, up from 2.01% in Q1 2021. We hope you enjoyed last week’s edition where we talked about Cash-Out Refis Are In High Demand As Equity Levels Skyrocket. This week we’re bringing you: OCC issues final rule to axe 2020 CRA version* In […]
Cash Out Refis Are In High Demand As Equity Levels Skyrocket in 2022
With the increase of tappable home equity, Black Knight predicts an influx of cash out refis in the months to come. We hope you enjoyed last week’s edition where we talked about Nonbank Profit Margins Improve, But Expenses Are Up. This week we’re bringing you: To advance mortgage lending, trust must take backseat to truth* […]
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 homes 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 dues to […]
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: Mortgage […]
How Much Could Wire And Title Fraud Cost Lenders?
With loan production costs on the rise resulting in margin compression, cost 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 […]
The Originations Business Landscape Is Shifting – Is Your Business Ready? | No. 1 Definitive Guide
The originations business landscape is shifting and your business should ready to face it .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 Building The Next Generation Of Tech: Three Ways To Digitize […]