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Home » Topics » Inside Mortgage Trends » Purchase Lending

Purchase Lending
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Blend’s Valuation Reaches $1.7B with Series F Funding

August 28, 2020
Yemeng Yang
The “new normal” of remote work and social distancing due to the coronavirus pandemic has contributed to a boom in digital lending platforms — and their values.
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Efforts Put into Finding Right Lender Depend on Interest Rates

August 28, 2020
Brandon Ivey
When interest rates on mortgages increase, potential borrowers put more effort into shopping for a loan, according to a study by the Federal Reserve.
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Rocket Files its First 8-K, Revealing a New Large Loan

August 14, 2020
Paul Muolo
Quicken Loans’ parent, Rocket, has revealed a $950 million revolving credit facility, with Chase serving as the administrative agent on the deal.
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Mortgage Hiring: Demand for Operations Workers White Hot

August 14, 2020
Paul Muolo
Mortgage originations continue to boom as lenders move to hire as many full-timers as humanly possible. One concern: A lack of operations workers.
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MBA Seeks CSBS Partnership to Extend Remote Work

July 31, 2020
Yemeng Yang
Given the recent surge in new COVID-19 infections, now may be a good time to reassess location-based licensing requirements as well as state oversight, the trade group believes.
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Trade Groups Draft Model Executive Order for eNotarization

July 17, 2020
Brandon Ivey
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.
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Trends Grapevine: Banks and Mortgages; the AIME Mess

July 17, 2020
Paul Muolo
High hopes for nonbank origination results; a trade group chief steps down for personal remarks he made online.
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Pandemic-Induced Business Practices Are Here to Stay

July 2, 2020
Brandon Ivey
While some of the adjustments were initially thought to be temporary, lenders are preparing to make some permanent changes.
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Redlining Legacy Still Contributes to Inequality

June 19, 2020
Yemeng Yang
Redlining practices of several decades ago continue to have an adverse impact on black families’ homeownership rates and home equity, according to a recent study by Redfin.
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Servicers’ Call Volumes, Abandonment Rates Drop

June 19, 2020
Maria Volkova
Servicers have amped up their hiring and embraced virtual assistance, lowering average hold time to 1.8 minutes.
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