Origination

The co-founder of Arch Capital Solutions reviews the changes made to reporting disclosures on mortgages for condominiums and units located in HOAs that were part of a response to the tragic condo collapse in Surfside, Florida.

The location will support the lender’s direct-to-consumer channel and employ more than 300 people.

The CEO of the Lincoln Family of Companies brand details its expansion strategy, which is unique for the settlement services business.

The borrower sent bogus documents to a settlement company claiming a $111K lien was satisfied to complete a sale.

In addition to hinting at a March rate hike, the central bank this week announced an intention to have Treasury securities make up a greater share of its holdings, which has implications for securitized home loans.

It was the biggest annual gain since 2013, Attom Data Solutions found.

But economists predict upward pressure in the coming months after comments from Federal Reserve Chair Jerome Powell.

New player Tomo is entering this niche while a trio of established players enhance their existing offerings for their third-party channels.

But Boise and Austin homebuyers pay the biggest premiums, according to a ranking of the top overvalued markets.

Multifamily and specialty finance loans, which were highlights during the fourth quarter, should increase further in 2022, company executives said.