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Title Company Doma Posts Loss Ahead of Public Debut

June 11, 2021
Brandon Ivey
Officials at Doma, which is set to go public via a special purpose acquisition company maneuver, said the company might not be profitable until 2023.
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Experts Cite Pitfalls of Self-Reporting Violations

June 11, 2021
Lisa Burden
The Trump-era CFPB maintained that self-reporting is responsible business conduct. But is it a prudent move? Attorneys weigh in.
Read More

Coin Homes: The Latest Real Estate Crypto Platform

June 11, 2021
Maria Volkova
Launched last week, the Coin Homes​​​​​​​​ platform allows customers to use Bitcoins to buy and sell real estate. Potential? Anyone?
Read More

Deal Mania Hits the MSR Market. More on the Horizon?

May 28, 2021
Paul Muolo
Interest rates are firming up and servicing sales are proliferating. Some dealmakers believe the second and third quarters will be barn-burners in terms of transactions.
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After Tepid Start, Interest in HECMs Gains Steam

May 28, 2021
Maria Volkova
Data analytics provider Jornaya sees internet searches for reverse mortgages increasing this spring and that’s a good thing.
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Servicers Should Be Using Tech to Deal with Complaints

May 28, 2021
Lisa Burden
The CFPB has emphasized that servicers must pay close attention to consumer complaints. The adoption of technological solutions, though slow in this area, can help.
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When Refis End, We Will All be Just Fine. Right?

May 28, 2021
Lisa Burden
One lender says that when refinances go bust, the industry can’t expect to waltz into the purchase market without there being casualties. Others are more sanguine.
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Trends Mixed Among Top Correspondent Loan Sellers in 2020

May 14, 2021
Brandon Ivey
While correspondent sales volume increased on an annual basis in 2020, two of the top five sellers posted diminished sales. Guaranteed Rate and loanDepot are less reliant on correspondent sales than the other top sellers. (Includes data chart.)
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NYCB, Flagstar Lead the M&A Parade Involving Banks, Mortgages

May 14, 2021
Brandon Ivey
In a bid to diversify its product offerings, New York Community Bank is merging with the mortgage-centric Flagstar. Three other depositories are engaged in M&A deals as well.
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Sterling Bancorp Posts a Profit, Albeit Small, 1Q21

May 14, 2021
Maria Volkova
Sterling Bancorp recently reached a $12.5 million settlement for allegedly violating the Securities Act. The company is now ready to turn the page on its non-agency past.
Read More
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