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Western Alliance Sees Benefits in Acquiring Nonbank AmeriHome

March 5, 2021
Brandon Ivey
Bank acquisitions in the mortgage space have been few and far between the past few years. Still, officials at Western Alliance believe it makes perfect sense for the bank to acquire AmeriHome Mortgage.
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Vendor Accesses Borrower Bank Accounts to Improve Servicing

March 5, 2021
Brandon Ivey
EarnUp offers payment and saving-services to consumers and is using the access to borrowers’ bank accounts to provide insights to mortgage servicers.
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Cross-Training Key to Migration from Lending to Servicing

March 5, 2021
Lisa Burden
Although lending volumes are still robust, managers are looking at cross-training employees to handle a shift from originations to servicing.
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Interest in Homebuying Grew in January

March 5, 2021
Maria Volkova
Research by Jornaya found the search for homes nearly doubling early in the new year.
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CoStar Sweetens Offer to Buy Mortgage Data Vendor CoreLogic

February 19, 2021
Lisa Burden
In an attempt to outbid two private equity firms, CoStar Group raised its offer price for mortgage data vendor CoreLogic to $95.76 a share.
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Zillow Offers’ Revenue Grows But Future Concerns Remain

February 19, 2021
Maria Volkova
The company, which buys and sells homes directly, cautioned that it may not have sufficient cash flow from its businesses to pay down its substantial debt.
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A $34B ‘Flow’ Auction and Questions on the Seller

February 5, 2021
Paul Muolo
It’s not every day that a lender commits to sell $34 billion of MSRs. IMA is the investment banker on the package and speculation is rising on who the seller might be.
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Lenders’ Profits Expected to Decline After Exceptional 2020

February 5, 2021
Brandon Ivey
If mortgage originations are operating in a typical three-year cycle, profits will likely fall this year, according to industry analysts. The wild card: how lenders react to continued demand for refis.
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MISMO’s ‘Innovation Investment Fee’ Goes Live

February 5, 2021
Brandon Ivey
For the first time, MISMO is charging a 75-cent-per-loan fee for mortgages registered electronically. The fee will help fund MISMO’s activities, with an emphasis on digital mortgages.
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Home Purchases Strong as Inventory Continues to Shrink

February 5, 2021
Maria Volkova
Home-sale prices increased by 18% year-over-year for the week ending Jan. 24, while pending sales grew by 28%, according to Redfin.
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