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Home » Topics » Inside Mortgage Trends » Purchase Lending

Purchase Lending
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Waiting for Mortgage Employment to Drop (and Godot)

September 17, 2021
Paul Muolo
Layoffs in the mortgage industry? No, not yet. Actually, there were modest staff reductions in 2Q21 but most of the displaced landed quickly.
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Surprise! Pandemic Hasn’t Made Digital Mortgages More Popular

August 20, 2021
Dennis Hollier
A Fannie survey finds that most recent homebuyers used no online tools to get their mortgage. The use of some digital channels actually declined during the pandemic.
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Mortgage Lenders Spot Opportunities as Hispanic Population Rises

August 20, 2021
Monica Hogan
Observers point to forecasts of continued growth in the demographic, especially among young Hispanics aging into household formation and first-time home purchases.
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Digital Verifications Growing in Popularity

August 6, 2021
Dennis Hollier
Digital verification of borrowers’ income, employment and assets can significantly reduce the length of the mortgage closing process. And the tech got a boost from the pandemic.
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Biden EO Casts Doubt on Finserv M&A? Maybe, Maybe Not

July 23, 2021
Paul Muolo
Are mortgage banking firms monopolistic and should they fear the new Biden executive order? Not really. Still...
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Streamlining Business Processes Remains Top Priority for Lenders

July 23, 2021
Brandon Ivey
With refi lending expected to wane, lenders are planning to create a faster, more efficient experience for borrowers, according to a new study from Fannie Mae.
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Cloudstar’s Systems Down After Ransomware Attack

July 23, 2021
Maria Volkova
The technology company, which is the key service provider for the title insurance industry, is still in negotiations with the perpetrator.
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Democrats Introduce Housing Package with $100B for DPA

July 23, 2021
Maria Volkova
But does the bill have the numbers to pass the Senate? Investment banking firm Cowen and Company believes moderate Democratic lawmakers would present an obstacle.
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A New Purchase-Mortgage-Only Lender in the Market

July 9, 2021
Brandon Ivey
Tomo was founded by two former Zillow executives with a sole focus on purchase mortgages. Meanwhile, three-year-old Lower recently completed a $100 million Series A funding round.
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Grapevine: Still Interested in MBs: PE Firms / The IPO Queue

July 9, 2021
Paul Muolo and Brandon Ivey
A few more mortgage IPOs could hit the stock roulette wheel by yearend. The reason: another potential reprieve on rates.
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