A significant chunk of the big fourth-quarter increase in agency MSR transfers came from Freedom Mortgage's acquisition of RoundPoint Mortgage Servicing. But total servicing transfers for 2020 fell well short of recent years. (Includes three data charts.) Read More
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.) Read More
A survey of servicing executives by Fannie Mae found that the companies are having difficulties keeping up with forbearance requirements. Staffing capacity is also an issue. Read More
Lenders surveyed by Altisource cited technology as one of their biggest challenges, while also selecting technology enhancements as an important factor to increase business. Read More
Online lending platform Blend recently raised $300 million in Series G funding. Also, Goldman Sachs took an undisclosed stake in a cloud-based loan origination platform. Read More
Researchers at the think tank focused on the presence of appraisal bias during refinancing transactions because such loans “lack an arm’s length transaction.” Read More