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Inside Mortgage Trends
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Grapevine: Loan Limits to Increase 5.2%; Rejection Rate Up

November 27, 2024
Brandon Ivey
FHFA announces 2025 conforming loan limits; rejection rate for refis hits survey high; home sales projected to increase; split in home price trends based on location; signs of stabilization for property insurance.
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Housing Affordability Policy to Change Post Trump Win

November 15, 2024
Monica Hogan
The mortgage finance and housing communities are hopeful of strong housing affordability policies from a second Trump term, but expect the approach to differ from efforts under the Biden administration.
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AI Raises Compliance and Transparency Concerns for Lenders

November 15, 2024
Dennis Hollier
Regulators warn that there is no exemption in fair lending laws for advanced technology.
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Lenders Advised to Protect Against Employee Poaching

November 15, 2024
Shannon Clark
With productive loan originators at a premium, there are strategies lenders can implement to protect themselves from poaching.
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Borrowers Turn to Advisory-Focused Lenders for Guidance

November 15, 2024
James Dohnert
A more challenging housing market has led more homebuyers to seek guidance from loan officers, according to a new J.D. Power survey.
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Blend Labs Hits Financial Milestone in 3Q

November 15, 2024
James Dohnert
Officials at Blend are optimistic the mortgage technology provider will reach its goal of sustained profitability in the fourth quarter.
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Grapevine: More Homeowners Staying Put; Gains From eClosing

November 15, 2024
Brandon Ivey
Lock-in persists; eClosing found to provide pricing gains; home sales expected to increase; LOs shy away from AI; credit card offers rewards points for mortgage payments; steady profits for LendingTree from lead business.
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Mr. Cooper Leans on Tech to Improve Servicing Efficiency

November 1, 2024
Brandon Ivey
Investments in technology are helping Mr. Cooper reduce its servicing costs and allowing the industry’s largest servicer to place competitive bids on servicing portfolios.
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Mortgage Lenders Find Value In Simplifying Closing Costs

November 1, 2024
Shannon Clark
Fannie Mae found that most mortgage lenders think it would be valuable to simplify and standardize closing cost line-item descriptions.
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Servicing Borrowers Okay With Chat Technology

November 1, 2024
James Dohnert
A new study from J.D. Power showed that mortgage servicers could better meet customer demands by implementing online chat and AI technologies into their workflows.
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