LOAN PRODUCTS

A non-bank lender won't ever compete with a bank on price, but can offer flexible underwriting and faster origination times, according to a veteran originator.

As lenders expand into HELOCs, fraudulent activity is up. Here's what lenders need to know to protect borrowers and their portfolios.

Funding for Volo Loans, which assists U.S. homebuyers in Costa Rica, comes after recent polling showed a significant share of Americans open to moving abroad.

The product, as well as the housing market, is different today than what it was two decades ago, where some feel it was a cause of the financial crisis.

Homeowners today can pay around $100 less per month, than they did at the same time last year, to borrow $50,000, according to Intercontinental Exchange.

Proprietary reverse loans are typically available to a larger range of borrowers and come with higher loan limits than the Home Equity Conversion Mortgage.

While mortgage originations increased, borrowers focused their attention on big-ticket items, as credit account balances flattened overall, Vantagescore said.

Panelists at the Mortgage Bankers Association's conference credited investors for helping create the conditions strengthening performance of non-QM portfolios.

The Mortgage Bankers Association latest forecast reflects the industry's current views on where their business is going, said Mike Fratantoni.

Mortgage brokers say hurdles more pressing than a high interest rate environment range from nationwide inventory shortages to property tax increases.

Servicing profit offset origination losses for some companies, but more than 40% were unprofitable, according to the Mortgage Bankers Association.

Sean Grzebin discusses his plans to leverage JPMorgan Chase's massive consumer audience to pick up mortgage market share.

Legal and compliance overtook verification issues as the top cause for application defects during the fourth quarter, according to Aces Quality Management.

The increase in purchase mortgage rate lock volume provides support for those looking for a strong Spring market this year, Optimal Blue found.

Originators feel neutral about bombshell acquisitions and regulation news, remaining focused on inventory, mortgages rates and costs, an NMN survey says.

Their worries center on fears the new duties could impact their personal finances, according to a new survey from home-equity investment platform Point.

United Wholesale Mortgage originated $32.4 billion, up 17% year-over-year and its best first quarter since 2022, helped by refinance volume of $10.6 billion.

The company took a break from securitization during the first quarter but was able to get a deal done shortly after the fiscal period ended.

Mortgage servicing rights owners making their plans for 2025 are dealing with additional stress beyond the normal opaque nature of the business, SitusAMC said.

The company has not traditionally had a large presence in housing finance, but plans for government-related credit modernization have given it a boost.