IMFnews

June 1, 2017

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Digital Mortgages: So Much Potential, but So Many Barriers

Lenders cited various technology issues, costs and difficulties getting loan officers to change behavior as barriers to digitizing the mortgage process. Read More

Seasonality Slowed Purchase Lending in 1Q17, but Outlook Still Strong for 2017

Agency MBS data suggest the purchase market hit its low spot in January and has been slowing building momentum ever since… Read More

Warehouse Commitment Levels Down Slightly in 1Q17; Profitability of Nonbanks a Concern?

Larry Charbonneau, who conducts warehouse lending reviews for commercial banks, said usage rates are definitely improving this spring. Read More

First Republic, Quicken Lead Contributors to New Jumbo MBS from Redwood

Roughly 10.8 percent of the mortgages were sourced through the Federal Home Loan Banks’ Mortgage Partnership Finance program. Read More

PennyMac Financial Hikes LOCs with JPM and Bank of America

In the first quarter, PennyMac ranked fourth among all home lenders, trailing Wells Fargo, Chase Home Finance and Quicken, according to a ranking from Inside Mortgage Finance. Read More