Mortgage brokers claimed more than 20 percent of market share for the first time in over a decade this January, and these 10 companies are leading the charge, according to rankings published by the Association of Independent Mortgage Experts. Continue reading
After throwing in the towel on a $2.7 billion merger, Genworth considering spinning off its mortgage insurance division. Continue reading
Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit. Continue reading
Customer relationship management tools are no longer just about managing existing clients — they’re also becoming integral to generating and qualifying new leads. Continue reading
Upward pressure on rates still expected in the long term. Continue reading
Sprout Mortgage, which bills itself as a leading provider of nonconforming loans, says it’s giving mortgage brokers more control over how lender fees are presented to consumers in the loan estimate. Continue reading
Although mortgage rates came down slightly after seven consecutive weeks of increases, applications for refinancing and purchase loans both fell more significantly. Continue reading
With the pandemic’s impact on homeowners still uncertain, Secretary of Housing Marcia Fudge says a cautious approach is warranted for now. Continue reading
Maxwell’s $16.3M Series B round is a first for The Mortgage Collaborative. Continue reading
The share of mortgages in forbearance dropped below 5% in March for the first time since the beginning of the pandemic, as homeowners resuming their payments continued to outnumber new requests for relief for the fourth week in a row. Continue reading