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

Bank trade groups support an interim final rule that allows depositories to defer appraisals for up to 120 days in certain circumstances. Appraisers, on the other hand, have raised concerns.

Having hit a rocky patch during the pandemic, Impac Mortgage will be late in reporting first-quarter results and it’s selling most of its MSRs. What’s next?

Analysts expect there will not be a surge in home equity line of credit draws during the economic crisis sparked by the pandemic.

A new shoe has dropped in the nonbank liquidity saga: Warehouse credit. JPMorgan Chase, the largest player in the sector, is cutting back.

Industry analysts suggest lenders sell loans quickly and use best-efforts pricing options to offset volatility caused by the coronavirus crisis.

Lenders and servicers alike are facing huge challenges due to the coronavirus, with many rising to the operational challenge. However, when it comes to MSR sales, the picture is bleak.

Credit unions tend to offer mortgages with lower interest rates than other lenders. However, their share of originations is relatively low and the gap between them and banks in terms of interest rates has narrowed.

Rates are on a downward slope once again, which means mortgage and housing economists may want to rethink their origination forecasts for 2020.

Policymakers should focus on making origination and servicing attractive to banks and nonbanks alike instead of adopting additional standards that apply to non-depositories, the Mortgage Bankers Association says.