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loanDepot Moves Servicing Inhouse, Acra Goes the Other Way

April 2, 2021
Paul Muolo
Subservicing has been a growth business the past several years but now some mortgage bankers, flush with cash from the refi boom, are bringing the task inhouse.
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Two Mortgage Tech Vendors Raise $31 Million in Funding

April 2, 2021
Brandon Ivey
Venture capital investors remain optimistic about the prospects for mortgage digitization, funneling $31 million to two technology vendors.
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Positive Outlook for Larger Nonbanks: Moody’s

March 19, 2021
Brandon Ivey
Nonbanks’ performance amid disruptions caused by the pandemic supports growth. Moody’s increased its operating environment score for nonbank mortgage companies.
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Vendor Accesses Borrower Bank Accounts to Improve Servicing

March 5, 2021
Brandon Ivey
EarnUp offers payment and saving-services to consumers and is using the access to borrowers’ bank accounts to provide insights to mortgage servicers.
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Interest in Homebuying Grew in January

March 5, 2021
Maria Volkova
Research by Jornaya found the search for homes nearly doubling early in the new year.
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MISMO’s ‘Innovation Investment Fee’ Goes Live

February 5, 2021
Brandon Ivey
For the first time, MISMO is charging a 75-cent-per-loan fee for mortgages registered electronically. The fee will help fund MISMO’s activities, with an emphasis on digital mortgages.
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Servicers Face Challenges Following Forbearance Requirements

January 22, 2021
Brandon Ivey
A survey of servicing executives by Fannie Mae found that the companies are having difficulties keeping up with forbearance requirements. Staffing capacity is also an issue.
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Lenders Leaning on Tech, Customer Service and Pricing

January 22, 2021
Brandon Ivey
Lenders surveyed by Altisource cited technology as one of their biggest challenges, while also selecting technology enhancements as an important factor to increase business.
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FTC Ramps Up Oversight of Third-Party Service Providers

January 8, 2021
Brandon Ivey
The commission’s recent settlement with Ascension Data & Analytics shows the FTC, like other federal agencies, is increasing its focus on vendors and third-party firms.
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iBuying Market Lags Traditional Home Buying

December 18, 2020
Maria Volkova
The pandemic caused the iBuying market to come to a standstill, resulting in 50% less volume.
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