Originations

Competing against similarly sized lenders in the channel was like battling in the octagon, said founder Jamie Thornton.

Productivity, retention, referrals, and efficiency are key business objectives for the year ahead according to lenders surveyed by Total Expert.

But refinances came in 50% below levels from a year ago, with rate-and-term activity falling by over 40% in the third quarter of last year, according to TransUnion.

While low interest rates and low existing-home supply are behind much of the growth, the single-family rental market is also fueling demand.

These suburbs offered easy access to both major metros and the outdoors, cozy neighborhoods and affordability, according to Realtor.com.

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.

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.

Among the mortgage industry investors in the product and pricing engine provider are Movement Mortgage and First American Financial.

And a recent slowdown in government-backed loan issuance is pushing average purchase amounts to another record high.

The company will leverage its diversified consumer-finance model while optimizing a traditional mortgage business with thinner margins as the business cycle turns, CEO Patti Cook said.

While increased activity in rentals is influencing current numbers, interest in homeownership among Gen Z could help fuel growth later this decade.

The mortgage lender's CEO Brett McGovern speaks on how the deal came together and how the two will work together once the deal closes.

However, the shortage of entry-level home listings should result in a competitive spring purchase season, the government-sponsored enterprise said.

While lack of inventory and high prices remain on their list of worries, rising interest rates also stand to make a greater impact.

The researchers found that the disparities that emerged from the analysis of 1.8 million appraisals from 2019 and 2020 were statistically significant.

It’s not just potential buyers and sellers holding this perception; over four-in-10 real estate agents agree with that sentiment.

The mortgage industry has long sought a reduction, which could make homes more affordable to entry-level buyers with limited incomes, but such a measure also would limit the agency’s claims-paying resources.