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Inside Mortgage Trends
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Lacking: Vendor Management Systems

July 6, 2018
A significant number of lenders report that they don’t have a comprehensive vendor management system in place, according to a survey by Vendorly, a firm that provides vendor-oversight services.
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Non-Agency Shows Promise. But How Much?

July 6, 2018
A spike in non-agency mortgage-backed security issuance has helped make 2018 the strongest year for securitizations in this niche market since the financial crisis, but the sector still has a long way to go, according to Grant Bailey, a top analyst at Fitch Ratings.
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Despite Higher Rates, ARMs Slow to Catch On

July 5, 2018
Brandon Ivey
The top six ARM lenders are all commercial banks, led by Bank of America…
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Amid Talk of Industry Layoffs, United Wholesale is Hiring

July 5, 2018
Paul Muolo
According to figures compiled by Inside Mortgage Finance, UWM ranks ninth overall among all lenders, and is poised to move up in the rankings...
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MBA: Mortgage Applications Post a Slight Decline

July 5, 2018
Paul Muolo
Brace yourself, new mortgage employment figures will be released Friday morning…
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LenderLive Pondering a Sale? Or Something Else?

July 5, 2018
Paul Muolo
In July 2017, the vendor named Rob Clements chairman and CEO and John Surface president and chief operating officer. Both came over from EverBank Financial…
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Banks Boost First-Lien Holdings in 1Q18 but a Slight Drop at Wells Fargo

July 2, 2018
Brandon Ivey
The three largest holders of first-liens are Wells Fargo, JPMorgan Chase and Bank of America…
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Ten Years After the Housing Crisis, Wells Still No. 1 in Mortgages. However…

July 2, 2018
Paul Muolo
But the most telling sign of how the banking industry has lost its grip on home lending rests in the number of depositories that rank among the top 20…
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A Deal-Hungry Stearns to Acquire an Equity Stake in Certainty Home Loans

July 2, 2018
Brandon Ivey
According to sources familiar with the matter, Stearns is looking at other acquisitions as well...
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I’ve Just Seen the Future of Mortgage Banking and its Name is Amazon

July 2, 2018
Paul Muolo
Two years ago, loanDepot scuttled a much talked about initial public offering of stock...
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