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Home » Newsletters » Inside Mortgage Trends

Inside Mortgage Trends

September 11, 2020

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  • Inside Mortgage Trends, Full Issue, September 11, 2020 (PDF)

Lenders Reap Huge Earnings on Production and Secondary

Mortgage bankers posted huge profits from their loan origination and secondary marketing activities during the second quarter of 2020. Servicing, not so much. (Includes data chart.) Read More

RE/MAX and Motto Mortgage Acquire Loan Processing Firm

RE/MAX Holdings and Motto Mortgage acquired wemlo, a provider of third-party mortgage loan processing services. Read More

Banks Mark MSR Values to Lowest Level Since 2012

The banking industry's aggregate portfolio of servicing for others was down slightly in the second quarter, although the top five players shed a combined $100 billion. (Includes data chart.) Read More

CFPB Getting Tough on VA Lenders for Misleading Ads

So far, the CFPB has fined seven VA lenders a total of $2.02 million for false and misleading advertisements. It demonstrates the bureau’s interest in protecting servicemembers and veterans, according to attorneys. Read More

Lodging and Retail Loans Still Most Impacted by COVID-19

Though most commercial mortgages are doing well, performance varies starkly among property types, according to the MBA. Read More

Millennial Veterans Fueling VA Purchase Market

Veterans United’s data show refinances among millennial veterans grew by 603% in the first three quarters of fiscal 2020. Read More

Servicers Should Monitor Calls with Borrowers

Monitoring calls between employees and borrowers can provide insight on customer satisfaction and help servicers meet compliance requirements, according to S&P Global Ratings. Read More

Agencies Authorize Relief for Recent Natural Disasters

HUD issued a 90-day moratorium on foreclosures on FHA-insured homes in the presidentially declared disaster areas ravaged by Hurricane Laura. Read More

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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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