Tag Archives: Origination

With IMBs reporting an overall net loss of $82 on each loan they originated in Q2, one analyst notes that “the second quarter of 2022 did not yield the usual Spring seasonal pick-up in purchase activity."

In 38 of the 50 largest U.S. metros, the monthly cost of renting a home is lower than buying a starter home. The median listed rent across these 50 analyzed metros was $1,876, growing by 14.1% during June 2021.

CBC Mortgage Agency (CBCMA) announced that $14 million in affordable home loans have been purchased to date via the company's online platform—CRA Note Exchange. CBCMA's aim is to help low-moderate income consumers, often in minority neighborhoods, achieve the dream of homeownership.

The latest report on originators also found the time to close all loans rose month-to-month. Click through to see how long it takes.

A new report details the obstacles keeping younger generations from buying a home, and how it compares to prior generations.

Greg Gunn will lead Bell Bank Mortgage's midwest operations and will be responsible for recruiting, developing brand awareness, and building the business.

Black Knight’s Ernst Fee service will help Gateway First Bank to mitigate risk with cures and automate accuracy of fee data.

As Chief of Mortgage Operations, Jeff Schmidt will manage the underwriting, appraisal, closing/funding, post-closing, and construction lending departments at Gateway First.

Ellie Mae's expanded functionality offers additional automation capabilities for greater efficiencies in HELOCs for lenders.

LendingQB’s platform now uses Finicity’s VoA solution to allow lenders to free up resources, increase processing speed and reduce mortgage fraud.