Correspondent

The problem in the sector boils down to a lack of portability of data, whether it’s digital or contained in documents, that can be trusted between parties, LoanLogics Chief Product Officer Dave Parker argues.

The company, which earned $535 million in net income in 3Q20, has been prioritizing purchase volume and managing costs to account for a possible decline in originations next year.

The company had lower losses on its mortgage servicing rights investments compared with the second quarter.

This unit helps Axia increase market penetration to the more densely populated areas of the state.

Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing gives it a MSR portfolio of over $300 billion.

The FHFA director’s move this week to impose an “adverse market fee” of 0.5% on most refinanced mortgages will shift billions out of the hands of American consumers and into the hands of Fannie Mae and Freddie Mac — and their private shareholders.

The company's second-quarter net income was $116 million, with mortgage banking revenue of $239 million.

Planet Home Lending took advantage of coronavirus volatility and low mortgage rates to increase its funding volume.

Andy Peach is leaving after less than a year in the top spot.

Video conferencing might replace some in-person meetings even after people can go back out on the road again.