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Clients of dv01 leverage the firm's loan-level data for a range of purposes, including securitization and performance analysis.

James P. King, CPA, MST, is a partner at the accounting firm Tobin & Collins, CPA, PA, and has extensive experience in small business planning, partnership taxation, income taxation and business consulting for business owners, entrepreneurs and high-net-worth individuals. He has broad industry experience servicing clients in the real estate, retail, professional and veterinary service industries.

National real estate company Redfin is looking for a new tenant to take over the Frisco, Texas office space that housed its now-shuttered mortgage division.

As revenues are bottoming out for this group of depositories, some are totally retreating from residential real estate finance, the head of Citizens Financial Group said at a conference.

After 90 years, it is time to examine whether the system is still fulfilling its intended mission to provide liquidity for its members to make mortgages.

Lenders are using third-party sources, which provide insights ranging from consumers' credit profile to social media messaging, to supplement information they collect.

While one analysis finds that publicly traded nonbanks may not be materially affected — contrary to the concerns expressed by Ocwen — Community Home Lenders Association said it could hurt moderately sized lenders.

But the shift to a purchase market means issues around employment and income verification should concern originators.

By offering financial education through local crisis centers and community groups — and following through with access to credit — many credit unions are building trust with people who had been wary of working with mainstream institutions.