FEMA said it is working determine what options exist to enable the National Flood Insurance Program to allow the sale and renewal of flood insurance policies to continue during the government shutdown.
Mortgage lending and secondary market activity generated a modest increase in earnings for a diverse group of publicly held companies, according to a new Inside Mortgage Trends analysis of earnings reports. At the same time, servicing income was down substantially. The 13 companies included in the roundup reported a combined $816.3 million in income from production-related activity during the third quarter. That was up 2.8 percent from the ... [Includes one data chart]
An association of mortgage brokers has partnered with a technology company to create a platform brokers can use to interact with different wholesale lenders and vendors. The platform will allow brokers to check pricing among various wholesale lenders, lock interest rates and upload documentation from borrowers, among other features. The platform is called Arive and was developed by a company with the same name. Members of the Association of Independent Mortgage Experts ...