Verus Mortgage Capital is boosting its correspondent acquisition volume by focusing on non-agency mortgages, including non-qualified mortgages. The aggregator was founded in 2015 by Invictus Capital Partners, an investment firm based in Washington, DC.

In 1Q18, MGIC wrote $10.6 billion of new MI policies compared to $12.8 billion in 4Q17 and $9.3 billion in the first quarter of last year.

The way things stand today, those finalists include at least two industry veterans…

MISMO noted that blockchain is based on digitized, distributed ledgers…

An ominous sign: 80 percent of mortgage companies surveyed earned a pre-tax financial profit for the year, compared to 94 percent tin 2016.

As a practice, IBM rarely says a word about Seterus...

Ditech added that under new leadership, the lender/servicer “continues to develop and execute various strategies to improve” its performance.

Due diligence reviews can be costly, especially when the mortgages being produced are pristine.

The Garden State is following in the footsteps of Pennsylvania, which created a Consumer Financial Protection Unit last July and hired a former CFPB attorney to lead the initiative.

The new non-agency MBS from Invictus is a bit of a rarity: the bond is backed only by mortgages on single-family rental properties.