Despite holding sizable equity, homeowners are reluctant to tap it due to concerns tied to the pandemic, according to the MBA.

Data vendor Black Knight plans to combine its Compass Analytics business with Optimal Blue in a newly formed entity, with an emphasis on cross-selling products.

The Mortgage Industry Standards Maintenance Organization said it is developing standards to facilitate more efficient servicing transfers. The organization is asking industry participants to join its working group.

Several states had online notarization policies for mortgage closings before the pandemic, but more than half of the states have issued orders in recent months — some of them hastily written.

The parent company of Quicken Loans splurged $905 million on marketing last year, helping the nonbank become the second largest mortgage lender. The firm is now ready to launch an IPO.

While some of the adjustments were initially thought to be temporary, lenders are preparing to make some permanent changes.

Bill Foley, the man who made Fidelity Financial into a title insurance giant, has his eyes on mortgage analytics vendor CoreLogic. But will antitrust concerns prevail?

Servicers have amped up their hiring and embraced virtual assistance, lowering average hold time to 1.8 minutes.

Though initially wary of the online closing process, borrowers’ satisfaction with their lenders appears to have increased during the pandemic.

With more than 8% of mortgages now in forbearance, industry experts are exploring ways to give an added impetus to digitizing the loan-modification process.