Banco Popular de Puerto Rico

Younger mortgage tech software developers reveal new efficiencies they're creating for lenders.

Waivers boomed during the pandemic's refi wave and the recent automation of desktop appraisals have provided additional flexibilities, but their applications are limited in the current market.

Bipartisan support led to the House of Representatives passing the SECURE Act, but the proposal faces strong opposition from those concerned about privacy and security.

All six companies were profitable in the fourth quarter and the full year, but had far less new volume than in 2021.

The demographic accounted for 9.2% of all mortgages in 2021 and is estimated to make up 56% of all new homeowners by 2030.

Also, Guaranteed Rate adds to its network, Fairway spotlights reverse mortgages, PrimeLending names production leaders and Rithm Capital finds names a head of investor relations.

The business is heavily reliant on mortgage originations and some participants are turning to other sources of income to bolster results.

The government-sponsored enterprises will likely have their mainstay bonds exempted from the potential securitization-related rule, but their credit-risk transfers could be subject to it, some experts say.

Brett Dillenberg oversees six branches previously under the umbrella of LendUS that were acquired by the Ohio-based lender last year.

Despite the cloudy outlook for future interest rates and housing, the employer in fifth annual ranking have supported the workers who've kept them going by providing the transparency, recognition and in some cases innovative benefits.