The traditional models used to predict consumer credit performance and newer machine learning methods can be extremely inaccurate, according to a new report.

Time to start thinking about 2021? Sure, but lenders are plenty busy these days. The fourth quarter could be a barn-burner, just like 3Q20.

The MBA and many other trade groups have urged federal regulators to extend a break on troubled debt restructuring for loan mods related to the coronavirus.

Moving the origination process online has done little to reduce the racial disparities in mortgage lending, according to a new analysis of HMDA data.

Incorporating alternative data into the underwriting model with rigorous front-end control may help eliminate racial inequality in housing, according to industry analysts.

Pre-pandemic, consumers would start shopping 180 days before closing on a mortgage. The window has now shrunk to 100 days.

There’s more than one way to skin an MSR cat. Meanwhile, looks like UWM’s SPAC will be completed in December.

Many potential buyers haven’t been able to take advantage of low mortgage rates because home prices have increased faster than income, limiting affordability.

Working from home is going pretty well for lenders, with some reporting increased productivity and only one out of 33 surveyed noting a reduction in profits.

The sale of Ginnie servicing rights have been anemic for two full quarters. But hope springs eternal the market might be reviving soon.