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United Wholesale Mortgage Bucks the TRID Trend: No Delays in Loan Closings

December 28, 2015
Paul Muolo
Mat Ishbia of UWM said the money his company spent getting ready for TRID is an expense "for the long haul..."
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Subservicing Contracts Continue to Rise; A 28 Percent Gain YoY

December 28, 2015
Paul Muolo
In a recent report, Freddie Mac economists said subservicing likely will “persist and perhaps grow.”
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More Front-End Changes to Deal With: GSE Loan Application Will Undergo a Major Redesign

December 28, 2015
Carisa Chappell
New data fields will be added to support Fannie’s and Freddie’s requirements, as well as those required by the FHA, VA, USDA and CFPB...
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Residential Servicers Cut Staffing Levels – But Banks Cut the Most

December 28, 2015
Brandon Ivey
Banks had an average of nearly 500 loans per full-time employee in the third quarter, up from almost 400 at the end of 2014.
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MorVest Capital Unloads Ginnie Mae MSRs; Another Deal in the Works

December 28, 2015
Paul Muolo
The new offering is in the $1 billion range. MorVest hopes to complete the sale by the end of January.
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Clayton Homes Pushes Back Against Accusations of Discriminatory Lending on Manufactured Homes

December 28, 2015
Brandon Ivey
Clayton said the outlets’ analysis didn’t include factors such as a borrower’s credit score, downpayment, loan size, collateral and land type...
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Short Takes: More TRID Snafus: Who Makes the Disclosure? / Electronical Acceptances Key / The Marijuana Trade and Home Prices / Microscopic Changes in Rates / HFH Hires New CIO

December 28, 2015
Paul Muolo and Sherry Muolo
Is the booming marijuana trade in Colorado causing home prices to rise in the Rocky Mountain (High) state? Not necessarily...
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Banks Sharply Reduce Use of ‘Proprietary’ Loan Mods in 3Q15

December 28, 2015
Brandon Ivey
The banks completed 22,459 proprietary mods in the third quarter, down 25.4 percent compared with the previous quarter...
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Will Ginnie Mae Pass Freddie Mac in MBS Outstanding?

December 23, 2015
John Bancroft
Ginnie Mae production topped Freddie Mac’s issuance in 2014 and was comfortably ahead after the first 11 months of this year.
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More ‘Boomer’ Mortgage Executives Working Well Past Retirement Age?

December 23, 2015
Paul Muolo and Sherry Muolo
None of the executives interviewed by Inside Mortgage Trends could put hard numbers on how many executives have been sticking around the industry past 70 years of age, but none had a doubt that there were still plenty to be counted.
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