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Call Center Platforms are Coveted – But Are They Worth It?

May 25, 2016
Paul Muolo
But industry advisors fear the value of call centers can be quite volatile, depending on movements in interest rates.
Read More

Appraisers Balk at FHA Rule Adding Home Inspections; Checking the Pool?

May 25, 2016
George Brooks
Roofing and attic inspections, verifying whether a pool is operational and safe to use, checking sump pumps for any deficiency and checking crawl spaces elicited groans from appraisers...
Read More

Redwood Learns to Compete and Cooperate With Banks

May 25, 2016
Brandon Ivey
“The banks’ sweet spot is with super prime,” said Marty Hughes, Redwood’s CEO…
Read More

Comments Due Aug. 22 on CFPB Arbitration Proposal

May 24, 2016
Thomas Ressler
The publication of the proposal formally triggers the beginning of the official 90-day comment period. Comments to the CFPB are due by 11:59 p.m. Aug. 22, 2016.
Read More

A Week After Unveiling $300 Million Debt Offering, PennyMac Delays the Deal

May 24, 2016
Paul Muolo
According to figures compiled by Inside Mortgage Finance, PMFS is the nation’s sixth largest residential originator, and 11th largest servicer.
Read More

Short Takes: The Industry Strikes Back / Breach of Contract, Not Fraud / A Wingspan Candidate? / BKFS: A 10-Year Low in Foreclosure Starts / PHH Home Hires Former Bank Executive

May 24, 2016
Paul Muolo
Bad news for specialty servicers: Black Knight Financial Services said 58,700 foreclosures were started during April, the lowest reading in 10 years...
Read More

Lenders Anxious About Ongoing HUD IG Audit of Downpayment Assistance…

May 24, 2016
Paul Muolo
National Council of State Housing Agencies Executive Director Barbara Thompson said the group is awaiting what she calls a “positive resolution of the issue.”
Read More

FHA Production Slips in 1Q16; Just One Bank Among the Top 20 in FHA Retail

May 24, 2016
George Brooks
FHA loans as a share of all loan originations rose 7 percent year-over-year…
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House Approves Bill Allowing Temporary License for Loan Originators that Transfer from Banks to Nonbanks

May 24, 2016
Brandon Ivey
The SAFE Transitional Licensing Act of 2015 had strong support from the Mortgage Bankers Association, The Community Home Lenders Association and other trade groups.
Read More

Short Takes: So Much for the Quiet on TRID Complaints / Mortgage Lenders Lean Toward Trump? / The Last Squeezing of the HARP Grapes / Former Wells Exec Joins Fannie Mae Board

May 23, 2016
Paul Muolo
So, who will mortgage professionals vote for come the fall election? Trump or Clinton?
Read More
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Latest Imf News

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Featured Data

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Featured Reports

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As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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