Digital Mortgage Direct Page

A loan officer logging a billion-dollar volume topped the ranking for the first time in the 23-year history of the survey.

The stabilizing economy drove one of the biggest mortgage recoveries on record, according to the Mortgage Bankers Association.

The diverse group of loans in the servicing rights portfolio offers a potentially attractive recapture opportunity and would be a sizable transaction for their era.

During a record-breaking year for lending, these loan officers brought in the highest volumes of the 400 on the list.

Lenders largely took a piecemeal strategy to technology adoption, gravitating towards a hybrid e-closing process as the latest industry “innovation,” yet this process is anything but, Rick Triola of NotaryCam writes.

Servicers of loans not related to the government most often capitalized missed payments and converted them into a deferred, non-amortizing balance, said Vadim Verkhoglyad of dv01.

The inaugural securitization includes 447 30-year loans with average balances of $863,206.

Even as properties spent the least time ever on the market and the average sale-to-list home price ratio broke 100%, some indicators point to a slight reversal, which could head off “runaway home price speculation or a housing bubble,” Redfin chief economist Daryl Fairweather said.

With independent title companies scoring the largest market share gain last year, the sector saw a 22% increase in premiums overall, the American Land Title Association said.

However, the decline in Black Knight’s numbers may stem from a previous deadline that policymakers have since extended.