Headlines

Two primary reasons are cited as to why the industry is raising prices so rapidly. One, the frequency of large storms is increasing. Two, the cost of covering the insured damage from these storms is also rising. What is less well-known is the proverbial “rest of the story.” The rest of the story is how these rapid increases in insurance prices have hurt consumers and benefited the industry.

While most borrowers can check the status of their mortgage and make payments via lender websites and mobile apps, many now expect that level of transparency and convenience in the mortgage origination process as well. Lenders are increasingly working to make the advances they need to deliver an origination experience better aligned with the way most consumers prefer to do business. This means a digital environment.

The post-recession years have seen significant debate about the next generation of home buyers — the millennial generation — and whether or not they are interested in owning homes. In what ways can the industry work to coral this expanding market?

Single-Family Residential Platform announced how it sold its portfolio for a multi-million dollar total sale price. The platform has collectively raised billions.

Dodd-Frank could be in trouble if a quiet spending bill continues moving through the legislative process. See how this potential back-door legislation could come to fruition, and what effect it could have on the housing market.

Millennials are spending more than any other generation on their vices. With dwindling inventory and rising home prices, how will they get their foot in the homeownership door?

Chase Mortgage is teaming up with the bank’s credit card arm to deepen its relationships with existing customers—thanks in large part to one innovative mind. This feature originally appeared in the June 2017 issue of MReport.

LRES recently named Jill Haro as VP of Corporate Administration. In this role, Haro will oversee compliance and corporate-wide strategic projects. Haro has more than 15 years of experience working within the mortgage services industry in operations, client relations, and corporate project management.

Nationwide Title Clearing announced recently that Greg McCoskey has been hired as the company's Lead General Counsel. McCoskey’s responsibilities will include working with the operations and management teams to provide counsel on corporate and litigation matters for NTC and to ensuring that NTC's customers remain insulated from statutory non-compliance risk for any operation outsourced to NTC.

Many have feared the recent growing popularity in nonqualified mortgage loans could indicate another crisis is on the horizon, but are these worries warranted? New research released Thursday looks at the link between non-QM and subprime loans. Are they similar enough to spell another crash? Thursday’’s report has some interesting findings.