The federal government should expand its role in the disaster insurance market to help increase availability, the Congressional Budget Office suggested in a new paper.
Even with interest rates on mortgages coming down, home sales have been tepid in recent months, with potential buyers waiting for even lower interest rates.
Interest rates continue to be the top priority for borrowers when choosing a mortgage lender, according to a study by Corporate Insight, but borrowers also value interest rate locking options and rate matching.
With interest rates on mortgages set to come down, some lenders are looking to quickly adopt tech to help with originations. Blend Labs is seeing lenders use more of the tech vendor’s products and an automated refi offering is on the way.
Remote work increases for mortgage fulfillment; MISMO offers reference materials for ESG data; lenders frustrated with tech vendors; ICE updates Encompass; tech firms offer loan audits with AI.
Rocket is turning profits again after taking a loss in 2023. Now the lender is working to regain the market share it lost, using various strategies for both purchase mortgages and refinances.
Shifting the burden of title insurance from borrowers to lenders may not provide the best overall cost savings, according to economists at the Urban Institute.
New to the servicing sales arena? Been keeping your portfolio forever and are ready to off-load some of it and book a gain? There’s a few basic things you should know.
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