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Home-Flipping Profits Increase in Second Quarter

September 25, 2020
Maria Volkova
Flipped houses represented 6.7% of all single-family homes and condos sold in the second quarter, down from 7.5% of all sales in the prior period. (Includes data chart.)
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Grapevine: All Aboard the IPO Plane / Made in Michigan

September 25, 2020
Paul Muolo and Brandon Ivey

Are some of the nation's largest nonbank home lenders pining to go public as originations toy with record volumes? Rumors abound.


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RE/MAX and Motto Mortgage Acquire Loan Processing Firm

September 11, 2020
Brandon Ivey
RE/MAX Holdings and Motto Mortgage acquired wemlo, a provider of third-party mortgage loan processing services.
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Lodging and Retail Loans Still Most Impacted by COVID-19

September 11, 2020
Yemeng Yang
Though most commercial mortgages are doing well, performance varies starkly among property types, according to the MBA.
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Servicers Should Monitor Calls with Borrowers

September 11, 2020
Brandon Ivey
Monitoring calls between employees and borrowers can provide insight on customer satisfaction and help servicers meet compliance requirements, according to S&P Global Ratings.
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Blend’s Valuation Reaches $1.7B with Series F Funding

August 28, 2020
Yemeng Yang
The “new normal” of remote work and social distancing due to the coronavirus pandemic has contributed to a boom in digital lending platforms — and their values.
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Two Harbors, Front Yard Now to be Internally Managed

August 28, 2020
Brandon Ivey
Two Harbors and Front Yard recently terminated their partnerships with their respective external managers. However, Two Harbors’ refusal to pay a termination fee has landed the REIT in court.
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Efforts Put into Finding Right Lender Depend on Interest Rates

August 28, 2020
Brandon Ivey
When interest rates on mortgages increase, potential borrowers put more effort into shopping for a loan, according to a study by the Federal Reserve.
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Existing-Home Sales Surge, Supplies Tighten in July

August 28, 2020
Maria Volkova
Sales of new homes increased by 13.9% in July, marking the highest jump since 2006, according to HUD.
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(Very) Small Signs of Life Amid a Parched MSR Market

August 27, 2020
Paul Muolo

Signs of life in the servicing sales arena? A little bit of late, but don't bet the farm on it.


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