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Home » Topics » Inside Mortgage Trends » Refi Lending

Refi Lending
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Nonbanks Push Origination Footprint to 68% in 3Q20

January 22, 2021
John Bancroft
Banks and credit unions increased their mortgage production from the second to the third quarter, but not nearly as fast as state-licensed nonbanks. (Includes data chart.)
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loanDepot CEO Hsieh, a $50 Million-Plus Earner in 2020

January 22, 2021
Paul Muolo
Not only did loanDepot have blowout earnings in 2020, but its CEO and founder took home a blowout paycheck. Are there more like it?
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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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AEI Finds Racial Bias by Appraisers is Uncommon

January 22, 2021
Maria Volkova
Researchers at the think tank focused on the presence of appraisal bias during refinancing transactions because such loans “lack an arm’s length transaction.”
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Has Profitability Peaked for Mortgage Companies?

December 18, 2020
Brandon Ivey
Profit margins in the first quarter of 2021 will decline from the fourth quarter of this year, according to a survey of mortgage executives by Fannie Mae. Executives also believe the refi boom might have peaked.
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Lender/Servicer Retention of Refinancing Borrowers Low

December 18, 2020
Brandon Ivey
Only 18% of borrowers who refinanced during the third quarter remained with their previous lender/servicer. The reason: Competing lenders offering lower rates.
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Fintech Lenders Face Risks from Faulty Underwriting Models

December 4, 2020
Brandon Ivey
The traditional models used to predict consumer credit performance and newer machine learning methods can be extremely inaccurate, according to a new report.
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Grapevine: Exactly How Much? / Crystal Ball Time

December 4, 2020
Paul Muolo
Time to start thinking about 2021? Sure, but lenders are plenty busy these days. The fourth quarter could be a barn-burner, just like 3Q20.
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Uniformity and Collaboration Key to RON’s Success

October 23, 2020
Yemeng Yang
The coronavirus pandemic has sped the adoption of remote online notarizations, but uniformity and collaboration are critical for sustainability.
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TRID Too Costly? Try the Sandbox Program, Says CFPB

October 9, 2020
Yemeng Yang
The Independent Community Bankers of America said it plans to collaborate with the CFPB to test certain community bank-inspired improvements to the TRID rule through the trial disclosure “sandbox” program.
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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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