According to a new ATTOM report, mortgage lending declined to its lowest point in nearly nine years in Q4 2022, while purchase loans decreased an estimated 26%.
Read More »Breaking Down Q3 2022’s Mortgage Market Opportunities Report
The latest data from Mortgage Coach and Sales Boomerang underscores the opportunity to revisit prospects previously turned down for credit-related reasons, giving lenders the opportunity to offer timely advice and tailored financial solutions to those with newly improved credit scores.
Read More »Q2 Experiences Steep Home Price Hikes
ATTOM released its Q2 2022 U.S. Home Sales Report, revealing that profit margins on median-priced single-family home and condo sales across the United States hit another new record ...
Read More »Lender Trend Watch: Signing Bonuses, Structure, Data, and Tools
Signing bonuses are a widespread practice within the mortgage business, and STRATMOR Group Senior Partner Jim Cameron analyzed the industry’s approach toward them by highlighting how bonuses are structured, and how new data and tools can help lenders understand more about the potential of the loan officers they're retaining.
Read More »Planet Home Lending Expands Team to Portland
Planet Home Lending, LLC, has announced the launch of its new team in Portland, Oregon, led by Area Sales Manager Tim Hattan, Sales Manager Tom Bond, and Loan ...
Read More »CFPB Issues Memo to Increase Consumer Protections
The Consumer Financial Protection Bureau (CFPB) has recently published an advisory opinion to affirm that the Equal Credit Opportunity Act (ECOA) bars lenders from discriminating against customers after ...
Read More »CFPB Braces for Mass Forbearance Exodus
With nearly 2.5 million homeowners in forbearance plans set to expire, the CFPB has issued a proposal for mortgage servicers and borrowers to work together to avoid a potential mounting number of foreclosures.
Read More »Challenges in Servicer Liquidity
Here's how nonbank servicers are dealing with increased forbearance, as growing market uncertainty creates market volatility.
Read More »Veterans and the Mortgage Industry
This 4th of July, MReport looks at some of this year’s key initiatives by the mortgage industry that are aimed at helping military veterans become homeowners.
Read More »How Refinances Are Impacting Servicer Retention
Servicer retention hit a record low, according to a recent report. What's driving the decline?
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