Industry technology vendor DocuSign has tapped into some of the technological capabilities of Google – the G Suite collection of electronic tools, in particular – as part of a strategic initiative to digitize the mortgage closing process and sharply reduce the time it takes to close on a loan. “The broader idea for DocuSign – and Google Suite plays into this as well as the things that we’re doing with our ‘lead to close’ strategy – is wanting to take away any of the friction from completing ...

Blame the whole loan-hungry megabanks for the low mortgage securitization rate?

The bulk of the contributions for the MBS were aggregated by Invictus’ Verus Mortgage Capital affiliate. Servicing will be handled by Specialized Loan Servicing.

The two GSEs were placed in conservatorship in September 2008 by Treasury and the Federal Housing Finance Agency. At the time, their common and junior preferred shares were considered worthless.

How bad is it? Since 2010, liquidations amounting to $3.89 billion led to $2.88 billion in CMBS losses, a 74.0 percent loss severity.

It doesn’t get any better than this: Ginnie Mae production hit a record $545 billion in 2016…

A recall of the defect taxonomy would be a blow to lenders…

Spencer Stuart, headhunting firm, aided the MI in its search for a new CEO. A few months back former Freddie Mac executive Bruce Witherell was approached about the job, but passed.

Complications tied to making payments (loan servicing, payments, escrow accounts), were identified by 33 percent of consumers filing a complaint.

Phillips, managing director of financial markets/client solutions at BlackRock, is well known in MBS circles for his early days at First Boston…