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Inside Mortgage Trends
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Coronavirus Crisis Reshaping Lenders’ Best Practices

April 10, 2020
Brandon Ivey
Industry analysts suggest lenders sell loans quickly and use best-efforts pricing options to offset volatility caused by the coronavirus crisis.
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FHA Won’t Release Forbearance Numbers Until April End

April 10, 2020
Maria Volkova
Mortgage forbearance tied to the pandemic is on everyone’s mind these days, but HUD isn’t ready to provide any estimates.
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Regulators Ease Certain Mortgage Servicing Requirements

April 10, 2020
Yemeng Yang
Industry attorneys have cautioned companies to remain alert even though regulators have eased certain federal mortgage servicing rules.
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UWM Promises No Layoffs

April 10, 2020
Maria Volkova
United Wholesale Mortgage’s CEO has reassured employees that there will be no layoffs due to the current coronavirus crisis.
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Lenders Working from Home, Servicing Sales Moot

March 27, 2020
Paul Muolo
Lenders and servicers alike are facing huge challenges due to the coronavirus, with many rising to the operational challenge. However, when it comes to MSR sales, the picture is bleak.
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Social Distancing Shifts the Focus to Remote Closings

March 27, 2020
Brandon Ivey and Yemeng Yang
Digital mortgage closings are getting renewed attention with the industry forced into social distancing to contain the coronavirus. Remote online notarization can help, though it’s not allowed in all states yet.
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First-Time Homebuyer Demographics Changing with Affordability

March 27, 2020
Brandon Ivey
The first-time homebuyer share of originations has held steady for years, though the borrowers’ characteristics are changing — many are getting older.
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Trends Grapevine: A Roundup of All Things Coronavirus-Related

March 27, 2020
Paul Muolo and Dennis Hollier
Mortgage REITs came back from the brink this week, but the sector is not out of the woods quite yet. Thanks to the coronavirus, financial uncertainty remains the watchword.
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Fear and Loathing on MSR Marks (The Coronavirus Effect)

March 13, 2020
Paul Muolo
Thanks to rates falling to new lows last week, the asset value of servicing portfolios is in question. In short, margin calls are expected.
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Credit Union Mortgages Tend to Have Lower Interest Rates

March 13, 2020
Brandon Ivey
Credit unions tend to offer mortgages with lower interest rates than other lenders. However, their share of originations is relatively low and the gap between them and banks in terms of interest rates has narrowed.
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