Stewart Mortgage Information, Houston, has entered the bundled services arena with the launch of its "Build Your Own Bundle" product.The platform makes it possible for lenders to order custom-built packages of the company's products and services using the RealEC electronic exchange. Specifically, lenders can bundle any number of the following services: full appraisal and automated valuation models; credit reports; flood zone determinations; disclosures and closing documents; title, disbursement, and recordation services; and post-closing services like loan review, investor delivery, assignments, lien releases, trailing document retrieval, and FHA/VA insuring and pool certification assistance. Stewart can be found on the Web at http://www.stewart.com.
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Mordor Intelligence expects the manufactured homes market size to expand from $28.5 billion in 2025 to $30.5 billion this year, its latest report found.
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Fannie Mae and Freddie Mac's support for the market lessened the impact, as could bank capital reform, and the company's normalized results outperformed.
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Even as they continue to press for additional changes, banks get some wins from the revised Basel capital framework and a ballpark estimate of their capital outlook for the next few years.
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More than three-quarters of brokers are using popular AI platforms, but application of lender-specific software lags considerably, according to AD Mortgage.
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UWM Holdings is now bidding 70 cents more per share than CrossCountry for Two Harbors, with an all-cash option as an alternative to its all-stock proposal.
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Refinances drove growth of last year's lending activity, with both the volume share and average loan size coming in noticeably higher, according to IEmergent.
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