Origination

The two fintechs look to streamline document capture and credit decisioning for lenders.

More aggressive pursuit of government-related agencies’ affordable housing mission is expanding product availability, but government intervention can be a double-edged sword.

All six companies, however, remained highly profitable, as the delinquency and forbearance outlook is favorable for the possibility of rising claims payments.

Sue Barber takes over the position after leading its Northeast division.

Plans to taper rate stimulus could further dampen industry employment, depending on the extent to which decreased volume is offset by staffing needs driven by the shift to work-intensive purchase loans.

While the company produced $88 billion during the period, it had a major margin squeeze in its TPO Pro channel.

With its agreement to buy KS StateBank’s residential mortgage operation, Kansas-based Armed Forces is going all in on home lending.

The company is repositioning its secondary market sales of loans and servicing and implementing cost-cutting measures as the market normalizes.

Just to keep up with the growing demand for houses, 61,000 people need to be hired per month to cover attrition, the Home Builders Institute claimed.

But the Fed’s taper announcement has the industry planning for increases throughout 2022.