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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.

Nonbanks claimed more of the top slots based on loan volume, while the origination gains experienced by Hispanic, Black and Native American borrowers were weaker than those of other groups.

The digital lender’s valuation ballooned to $6 billion from $4 billion less than five months after closing a $200 million fundraise.

The Financial Stability Oversight Council has struggled to find its footing since its creation in Dodd-Frank. The Treasury secretary has signaled a more aggressive role for the panel, including reviving its authority to target nonbank behemoths.

More lenders are willing to take on borrowers who are lower on the qualification spectrum as the economy rebounds.