As home values grow faster than incomes, see how this is impacting the ability for Americans to save for a home.
Read More »Deephaven Non-QM Mortgage Products Now Available Through Calyx Point
Calyx Software announced that all Calyx Point users can now access Deephaven’s non-QM mortgage products, enabling them to serve more borrowers and capitalize on the growing opportunities for non-QM.
Read More »Mid America Hires Underwriting Manager
Jeff Bode, Owner and CEO of multi-state lender Mid America Mortgage, Inc., announced the firm has retained Pam Misner as Underwriting Manager. With nearly 30 years’ mortgage expertise, Misner will direct Mid America’s mortgage loan underwriting and collaborating on the expansion of origination and production teams for Mid America’s West Coast branches.
Read More »The Personal Touch
To retain leads in a marketplace made increasingly competitive by online shopping and price comparisons, lenders need to utilize what online platforms can't offer—the human element. Editor's Note: This piece originally appeared in the October MReport.
Read More »Factors Shaping the Purchase Loans Market
Even as purchase loans made up the bulk of all closed loans in September, according to a report, how will macroeconomic and housing indicators impact the market for these loans in Fall?
Read More »HELOCs on the Rise
Lending products that help owners tap into their home equity are poised to rise. What are borrowers using these loans for?
Read More »FirstClose Hires Pat Downing as CTO
Pat Downing joins FirstClose as their new CTO. Downing’s chief role with FirstClose, which works as a vendor to integrate information across multiple loan origination systems, will be overseeing development of all technical efforts.
Read More »The Impact of Lender Understaffing on Loan Quality
A new report on the quality of loans made to homebuyers shows the true cost for lenders struggling with staffing issues and what impacts defects in loan package documentation during the post-closing process.
Read More »Wells Fargo Amps Up Digital Home Lending
In its second significant digital initiative, Wells Fargo plans to begin purchasing eNotes from a select group of lenders. Click through to learn more about the bank's eNote strategy going into 2019.
Read More »Bank of America Income Rises on “Solid Loan Growth”
Bank of America reported that its overall average loans and leases increased 6 percent from the third quarter last year. Here’s how its residential mortgage loan operations grew during this period.
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