In today's competitive mortgage industry, harnessing the power of technology is no longer an option but a necessity. By leveraging the right technologies, mortgage lenders can streamline their ...
Default servicing refers to the process of managing and resolving mortgage loans that are in default, meaning the borrower has failed to make payments according to the terms of the loan agreement. ...
Mortgage servicing is a cost center for lenders. The process of maintaining the day-to-day operations of a home loan is tedious. Between collecting monthly payments from the borrower, paying the ...
Updates from GSEs Ginnie - Revised their Risk Based Capital Requirements for their issuers and is extending the required implementation date to 2024 - Review of Ginnie-Mae “RG” pools. These are ...
An uphill climb faces mortgage industry leaders experiencing whiplash in 2022 as they plan for 2023. You are probably asking yourself these questions when strategizing how you will conquer 2023: Will ...
The Mortgage Bankers Association recently released its Quarterly Mortgage Bankers Performance Report for Q2 2022. One of the most revealing metrics showed that mortgage lenders averaged a net loss of ...
What is Non-QM? A Primer on Non-QM and Opportunities for Mortgage Lenders Non-QM is different from selling agency paper. Non-QM makes some independent mortgage bankers nervous because their friend or ...
With new home sales down, inflation and rates on the rise, and consumers’ credit abilities soon to be tapped out, lenders must turn to alternative solutions to stabilize net margins.
Consumer demand is normally a good thing for the industry holding what they want. However, that is not true for the mortgage industry in the summer of 2022. Due to the low inventory of the housing ...
