Only two banks ranked among the top 10 agency sellers in 2019, while six of their nonbank peers posted significant increases from the third to the fourth quarter. (Includes two data charts.) Read More
Velocity Financial went public on Friday, a somewhat rare event for a nonbank lender and an even rarer happening for a nonprime shop. That said, are more deals on the way?
The Golden State had the largest volume of purchase loans sold to Fannie, Freddie and Ginnie, but it lagged other states in growth rates. (Includes two data charts.) Read More
A new reading on mortgage employment from the federal government was barely positive but interviews conducted by Inside Mortgage Trends suggests that plenty of lenders need workers. Read More
Lower interest rates on mortgages are linked to an increase in birth rates, according to economists at the Federal Reserve and the Bank of England. Hard to believe? Read our story. Read More
Application programming interfaces have the potential to create efficiencies in the mortgage industry, though standardization is key, according to leaders spearheading an effort at MISMO. Read More
The Conference of State Bank Supervisors’ fintech initiatives, while focusing mainly on consumer lending, will ultimately benefit nonbank mortgage firms. Read More