The flexibility and innovation shown by mortgage lenders during the pandemic should be incorporated into everyday practices, according to panelists at the Mortgage Bankers Association’s annual convention.

CoreLogic this week completed its purchase of ClosingCorp., while SimpleNexus wrapped up a deal to buy LBA Ware.

While some conservative and moderate Democrats have hinted that they’ll accept a substantially smaller infrastructure bill than originally planned, other key members of the party say housing must be part of the package.

Rocket Mortgage seeks to up its game in broker lending. Meanwhile, all quiet on the Mike Calhoun/FHFA front.

The Mortgage Bankers Association will welcome in-person attendees to its annual convention for the first time in two years next week. Registrations have surpassed MBA’s target of 3,200 attendees.

Profits (and profitability) drive the decision to sell a mortgage company. Several lender/servicers are at an inflection point or soon will be. In sum, the rest of 2021 should be interesting.

Many lenders have increased their GSE loan limits nearly three months before new official limits come into play. Originating the loans, though, between now and the end of the year isn’t going to be as simple as lenders think.

In the wake of a messy lawsuit filed by a former top official, loanDepot’s staff has been the target of recruitment efforts. Should we be surprised?

The CFPB ordered American Advisors Group to pay $1.1 million in fines and refund $173,000 to consumers who the bureau said were victims of deceptive advertising mailers. Some industry attorneys interpreted the move as a sign the bureau is tightening supervision and enforcement.

By adding deferred payments to the end of the mortgage, the bank may be double-charging borrowers for the principal payments.