Multimedia

As the crisis in the Ukraine unfolds, markets have been upended creating a volatile environment for all asset classes, including the municipal market.

Also, AI-platform Gateless names industry veteran as its first president, new CDFI and non-QM lender Champions Funding begins operations and Farmer Mac welcomes back board chair.

Last year, mortgage originators had the best of everything — low interest rates that attracted plenty of refinancings and increasing purchase demand at the same time. While they're preparing for a rockier road ahead, we're celebrating their accomplishments in 2021.

Decreasing affordability and remote work is spurring interest in moving to these often overlooked markets.

Now that rates are up and originations are down, mortgage servicing rights can be an increasingly important source of cash and customers for lenders.

An analysis of Home Mortgage Disclosure Act data reveals that banks continue to trail nonbanks in volume and another reveals that despite some improvement, inequities in lending to minority groups persist.

Emergency legislation written early in the pandemic changed how things were done to protect borrowers with accommodations for hardships, and mortgage companies need to be careful as things return to normal.

Also, loanDepot promotes within its marketing division, BSI Financial aims to grow lending operations and NAREB appoints executive director.

The effect is likely to be felt in consumer debt burdens and application misrepresentations, industry leaders say.

The legislation President Biden was expected to sign on Friday heads off an array of potential disruptions for the industry.