Paul Centopani is an editor for National Mortgage News. Prior to joining Arizent, he worked as an editor at a private equity publication and freelances as a sports writer in his spare time. Paul grew up in Connecticut, graduated from THE Binghamton University and now resides in Chicago after seven years as a New Yorker.
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With refinance volumes predicted to fall — but currently continuing apace — lenders explain how they’re readying themselves for eventual contraction and its implications for their expenditures.
January 19 -
Despite mortgage rates expected to rise modestly in 2021, a bolstered Biden administration stimulus package and COVID-19 vaccination efforts bring promise for economic recovery.
January 15 -
While the annual total marks a 16-year low, the numbers are likely to change dramatically once government moratoria expire, according to Attom Data Solutions.
January 14 -
The software will aim to take advantage of the anticipated volume growth in this particular type of origination.
January 14 -
After doubling its valuation in five months, Blend plans to use its latest funding to strengthen its digital lending experiences for banking and mortgages.
January 13 -
While distressed mortgage rates continued the fall’s short-term slide, serious delinquencies are three times higher than the year-ago total, according to CoreLogic.
January 12 -
The deal will add to SitusAMC’s tech suite, making the connection between loan originators and lenders more efficient.
January 11 -
A slowdown in the increase of loans exiting forbearance “implies that those who were able to absorb the shock of the pandemic and get back on their feet, may have already done so,” said Andy Walden, Black Knight economist.
January 8 -
December’s housing market sentiment hit a seven-month low, indicating that inventory could be further constrained by sellers waiting for a better time to list, according to Fannie Mae.
January 7 -
As housing and lending companies try to eradicate racism and bias from their industries, automated valuation tools could help reach that goal, according to the American Enterprise Institute.
January 5