Origination

The majority of non-core work, such as accounting, IT and HR functions can be offloaded to a third party as a means for lenders to shave expenses.

Borrowers can shell out nearly $300 less per month to purchase a median-priced home compared to late October when rates peaked near 7.8%, according to new data.

But the decline may be close to its floor, as wide spreads compared to 10-year Treasury yields hinder how far averages could fall.

Credit unions have announced 11 deals for banks so far in 2023, five short of 2022's total.

The National Association of Realtors' index of contract signings to purchase previously owned homes was unchanged at 71.6, the lowest in data back to 2001.

Originators ought to get involved in their community and double down on their social media presence, industry stakeholders say.

The certificates are backed by a single loan for 10 retail centers in nine states. AMC Theatres is the portfolio's largest tenant, representing 10.4% of the portfolio's base rent.

The city claims it can build the rental units quicker through this mechanism rather than low income housing tax credits.

State and local governments have collected $757 billion in revenue over the past 12 months, according to analysis from the National Association of Home Builders.

Home lending and real estate-related businesses developed tools to answer loan officer questions, help write marketing copy, envision newly designed interiors and even correspond with consumers on a limited basis.