ATTOM's latest Residential Property Mortgage Origination Report showed purchase lending led the way in Q2, spiking nearly 30%, while overall refinance and home equity activity also rose after eight straight quarterly declines.
Read More »Highlighting Servicer Success and the Utilization of Loss Mitigation Technology
While nationwide home prices and average costs of living continue to rise, a new case study from Black Knight highlights servicer success using self-service loss mitigation technology to connect with and engage borrowers in times of financial distress.
Read More »CFPB Seeks to Expand Homebuyer Options
The Consumer Financial Protection Bureau (CFPB) is asking for public input on ways to spur new mortgage products that help households. The CFPB seeks insights on ways to improve mortgage refinances for homeowners who would benefit from refinancing, especially for ...
Read More »Fintech Vs. Traditional Lending Risks
Fintech reportedly is allowing lenders to close on mortgage loans faster than in the past, and, especially as the market shifts increasingly digital, all signs point to its growth in mortgage lending. Researchers have found fintech lenders tend to take ...
Read More »Mortgage Industry Groups Provide Feedback on Universal Mortgage-Backed Security
The group's proposals, in response to the FHFA's Request for Input, discusses the best practices for building better alignment and streamlining lender pools.
Read More »New Mortgage Marketplace Launched
Simplist's next-generation platform seeks to enhance transparency, affordability, and access for borrowers spanning diverse backgrounds.
Read More »Gateway First Bank Appoints Chief Mortgage Operations Officer
As Chief of Mortgage Operations, Jeff Schmidt will manage the underwriting, appraisal, closing/funding, post-closing, and construction lending departments at Gateway First.
Read More »Fitch Affirms LoanCare’s Servicer Ratings
For the second consecutive year, LoanCare has received ‘RPS2’ ratings in the primary servicer and specialty subservicer categories, from Fitch Ratings.
Read More »Proceed With Caution on HMDA Deregulation
An expert gives insights on how dwindling of reporting data could harm underserved communities and weaken bank performance evaluation.
Read More »Equifax and FICO Partnership: Industry Impact
Earlier this year, Equifax and FICO announced a partnership, pooling their collective consumer financial data. Here's how that partnership may affect banks, lenders, and lending practices.
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