Are These Factors Creating Chaos In Your Mortgage Lending Ops?

mortgage lending ops

Few other industries must deal with the level of complexity of home finance. From mortgage origination to servicing, companies are constantly grappling with high volume and stringent regulatory oversight while managing a large cohort of vendor partners. We hope you enjoyed last week’s edition where we talked about CFPB Wants Lenders To Disclose Reason For […]

CFPB Wants Lenders To Disclose Reason For Denial Of Credit

Denial Of Credit

The CFPB said that all lenders, including those using complicated algorithmic models for underwriting decisions, must abide by ECOA and disclose why a customer is denied credit. We hope you enjoyed last week’s edition where we talked about How Lenders Can Improve Business Models in 2022. This week we’re bringing you: Mortgage lenders expand footprint despite […]

How Lenders Can Improve Business Models in 2022

lenders

In the throes of a turbulent housing market, where can lenders shift their focus in order to remain profitable? We hope you enjoyed last week’s edition where we talked about Homebuilder Confidence Drops At Fastest Pace In 2 years | Recent Study Stats. This week we’re bringing you: Lenders see appraisal modernization as a top priority […]

Homebuilder Confidence Drops At Fastest Pace In 2 years | Recent Study Stats

Homebuilder

Homebuilder confidence may still be higher than almost any time before the pandemic, but it’s now lower than any time since. We hope you enjoyed last week’s edition where we talked about Now More Than Ever In The Mortgage Industry, It’s Critical To Know Your KPIs. This week we’re bringing you: Mortgage Rates Moving Back Up […]

Now More Than Ever In The Mortgage Industry, It’s Critical To Know Your KPIs

mortgage industry

As the first quarter unfolded, macroeconomic risks created strong headwinds for mortgage companies. We hope you enjoyed last week’s edition where we talked about Mortgage Apps Jump 2.5%, Propelled By Purchase Activity. This week we’re bringing you: Despite rising rates, Rocket delivers $1B profit in Q1 Detroit-based Rocket Companies, the parent of Rocket Mortgage, generated a […]

Mortgage Apps Jump 2.5%, Propelled By Purchase Activity

mortgage apps

Individuals across the country chasing the American dream of homeownership helped to push mortgage-application volume up by 2.5% for the week ending April 29, compared with the prior week. We hope you enjoyed last week’s edition where we talked about FHFA Gets Blowback On Proposed Liquidity Requirements. This week we’re bringing you: Fannie Mae income drops […]

FHFA Gets Blowback On Proposed Liquidity Requirements

liquidity requirements

While the FHFA proposed heightened liquidity requirements, committed lines of credit would not count toward fulfilling them. We hope you enjoyed last week’s edition where we talked about Highest Mortgage Rates Since 2009. This week we’re bringing you: How originators can capitalize on reverse mortgage business in light of the changing housing market With a housing […]

Highest Mortgage Rates Since 2009

Where do we even begin the conversation about mortgage rates on any given day in the spring of 2022? We hope you enjoyed last week’s edition where we talked about Mortgage Delinquency Rate Reaches 23-Year Low. This week we’re bringing you: FHA adds 40-year loan term to COVID-19 arsenal The Federal Housing Administration told mortgage servicers […]

Mortgage Delinquency Rate Reaches 23-Year Low

Mortgage Delinquency

Mortgage delinquency rates in January reached a 23-year low, driven by the skyrocketing housing prices and a strong job market. We hope you enjoyed last week’s edition where we talked about What Metaverse Real Estate Means For Mortgage Professionals. This week we’re bringing you: Streamlining subsidies to build more affordable housing Today’s housing affordability crisis stems […]

What Metaverse Real Estate Means For Mortgage Professionals

metaverse real estate

Is there a demand for “mortgages” to buy virtual real estate in the Metaverse? We hope you enjoyed last week’s edition where we talked about Home Prices Moved Up Even Faster in January Despite Higher Rates. This week we’re bringing you: How one eClose solution can save lenders up to 70 minutes per loan HousingWire Editor in […]