The Release of the Year Award recognizes a new software, platform, alliance or initiative that's expected to have the broadest future impact on the mortgage industry. Learn about this year's finalists and see who won the 2014 MT Award.
Lenders are seeking "innovative new approaches to consumer engagement," said Roostify CEO Rajesh Bhat.
Refinance volume may be waning, but lenders' reliance on consumer direct tools will only increase next year. Plus, the rise of mini-correspondents will keep the warehouse lending renaissance going strong in 2015.
By joining GuardHill and Alan Rosenbaum (left),
GuardHill Financial Corp. CEO Alan Rosenbaum has recruited veteran New York City mortgage originator—and former competitor—Melissa Cohn to bring an under-the-radar lender out of the shadows.
Marketplace lender Social Finance may pursue a larger initial public offering than expected, CEO Mike Cagney said. Progress in its mortgage business and a new lending app will be pivotal to the company's future, he said.
A recent study found that homeowners who choose not to refinance lose out on tens of thousands of dollars in savings.
Mortgage lending, particularly for bigger banks, cooled some in October as home buying season ended. Meanwhile, loan pricing deteriorated again, showing that lenders are still cutting rates to land the best credits.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.