Tag Archives: mortgage

Big mortgage insurer may jump on IPO bandwagon

By Matt Carter | April 13, 2021 - 8:11 pm |April 13, 2021 Uncategorized

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After throwing in the towel on a $2.7 billion merger, Genworth considering spinning off its mortgage insurance division. Continue reading →

Fannie, Freddie to adopt new underwriting standards for qualified mortgages on July 1

By Matt Carter | April 13, 2021 - 5:42 pm |April 13, 2021 Uncategorized

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Mortgage Bankers Association says lenders have been gearing up for changes, and new standards will actually increase access to credit. Continue reading →

Independent mortgage banks made more money than ever in 2020

By Kelsey Ramírez | April 13, 2021 - 3:57 pm |April 13, 2021 Uncategorized

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Independent mortgage banks’ profits surpassed previous year by nearly 186 percent, according to the Mortgage Bankers Association’s Annual Mortgage Bankers Performance Report. Continue reading →

Here are the top 10 mortgage lenders for 2020

By Kelsey Ramírez | April 12, 2021 - 9:15 pm |April 12, 2021 Uncategorized

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The release of 2020 Home Mortgage Disclosure Act data reveals a growth surge across mortgage lending. One lender recorded more than 340 percent growth from the previous year. Continue reading →

Economic recovery sends mortgage forbearance level plummeting

By Kelsey Ramírez | April 12, 2021 - 8:00 pm |April 12, 2021 Uncategorized

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The share of mortgages in forbearance dropped for a sixth straight week, showing one of the largest decreases in the rate since the pandemic began. Continue reading →

Millennials are refinancing their homes at record pace

By Kelsey Ramírez | April 12, 2021 - 7:52 pm |April 12, 2021 Uncategorized

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Younger millennials are increasingly entering the housing market for the first time as older millennials drove refinances to peak highs. Continue reading →

Title premium volume surges more than 20% in 2020

By Kelsey Ramírez | April 12, 2021 - 3:51 pm |April 12, 2021 Uncategorized

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The industry generated $19.2 billion in title insurance premiums, according to the American Land Title Association’s latest Market Share Analysis. Continue reading →

Unify now drumming up business for mortgage lenders

By Matt Carter | April 9, 2021 - 9:17 pm |April 9, 2021 Uncategorized

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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 →

What the proposed CFPB rules mean for mortgage servicers

By Kelsey Ramírez | April 9, 2021 - 8:26 pm |April 9, 2021 Uncategorized

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The CFPB introduced new rules that changes the game for mortgage servicers. Experts lay out the changes that await the servicing industry. Continue reading →

SoftBank invests $500M in fintech startup Better.com

By Marian McPherson | April 9, 2021 - 4:59 pm |April 9, 2021 Uncategorized

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Better.com is set to receive $500 million from SoftBank’s Vision Fund, according to a WSJ article on Thursday. This places better.com’s valuation at $6 billion. Continue reading →