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Attorney Provides Strategies to Avoid Repurchase Requests

September 1, 2023
Sam Manas
James Brody, a senior litigation partner at Garris Horn, provided strategies lenders could use to avoid repurchase demands, which included negotiating contract terms, diversifying their investor deck and outsourcing underwriting.
Read More

eClosing Adoption Slows Despite Push to Lower Costs

September 1, 2023
James Dohnert
The mortgage industry has been slow to adopt eClosing despite the fact that it could help reduce origination costs and streamline business processes.
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FTC Approves ICE-Black Knight Merger Settlement

September 1, 2023
Namrata Bhatia
ICE and Black Knight have agreed to complete the divestitures of the Empower and Optimal Blue businesses within 20 days after they consummate their merger next week, among other concessions.
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Change Lending Reportedly Loses CDFI Designation

August 28, 2023
James Dohnert
While Change Lending is no longer on the list, its parent company, The Change Company CDFI, remains...
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Non-QM Lenders Push for Cost-Cutting Measures

August 25, 2023
James Dohnert
Lenders of non-qualified mortgages are continuing to reduce expenses through increased use of technology and adjusting compensation of certain employees.
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Rising Home Prices May Impact Jumbo Market

August 25, 2023
James Dohnert
The jumbo mortgage sector is evolving as the cost of higher-priced homes has continued to grow exponentially.
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Chase Sources DSCR Loans From Blackstone for MBS

August 25, 2023
James Dohnert
Chase teamed with Blackstone for a $308.1 million non-agency MBS backed by mortgages for investor properties.
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Altisource’s Non-Agency Business Under Review

August 25, 2023
James Dohnert
Altisource Asset Management is considering changes to its non-agency origination business as losses pile up. Alternatives under consideration include a sharp pivot to electric vehicle charging.
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Fix-and-Flip Lender Highlights Inclusive Lending Practices

August 25, 2023
James Dohnert
A new report from fix-and-flip lender Backflip details how its loans can help create more equitable lending practices.
Read More

News Briefs

August 25, 2023
James Dohnert
A slew of non-agency MBS hit the market; Roc360 forms a real estate investment trust; Deephaven Mortgage launches second mortgage product.
Read More
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