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The company’s $204 million in net income was down from unusual highs seen recently but still historically strong thanks to the balance between its loan channels and servicing operation, representatives said.
August 6 -
The gain reinforces other estimates that suggest more work-intensive purchase originations have spurred companies to increase staffing. Hiring addressing changing needs in servicing may come next.
August 6 -
The proposal should be withdrawn or reworked around the needs of small players they impose a disproportionate burden on, the Community Home Lenders Association said.
July 30 -
Borrowers reacted positively to the increased interaction and engagement resulting forbearances and payoff requests, J.D. Power found.
July 29 -
While federal regulators attempt to overhaul the Community Reinvestment Act for banks, Congress has shown little interest in applying it to other lenders. But recent moves in Illinois and New York have given some stakeholders hope that state lawmakers will pick up the slack.
July 26 -
The plateau in non-depository estimates for new jobs in the field reported Friday follows anecdotal accounts of reorganization by banks and nonbanks in the past week.
July 2 -
Contrary to the myth perpetrated by many in Washington, IMBs do not pose any real taxpayer financial risk or systemic risk, writes the CEO of Union Home Mortgage and member of the Community Home Lenders Association.
June 28 -
Even though volumes are expected to taper from 2020’s record highs, lenders plan to take on more employees in 2021, according to the Mortgage Bankers Association and McLagan Data.
June 25 -
In addition to earning ancillary fee income, it provides originators with an opportunity to connect with current and potential clients mired in student loan debt.
June 9 -
The more gradual upward drift in job numbers this year may hint at a slight softening in the market that analysts have flagged.
June 4