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June 7, 2017

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Will the Industry’s ‘Big Boys’ Finally Enter the ‘New’ Nonprime Market?

“Will we see the loanDepots of the world jump in?” he asked rhetorically. “There’s a lot of top lenders out there looking for innovative products to offer,” Pollock noted and left it at that. Read More

Hensarling’s Committee Threatens CFPB’s Cordray With Contempt Over Wells Fargo Probe

The account fabrication scandal had nothing to do with mortgages, a market that Wells Fargo dominates both as a lender and servicer. Read More

Stearns Pounces in the M&A Game, Acquires Lending Assets of Primary Capital of GA

Houlihan Lokey was PCM’s advisor on the sale. Read More

Robots on the Horizon for the Mortgage Industry?

PwC estimates that by the early 2030s, up to 38 percent of existing U.S. jobs will be susceptible to automation from robotics and artificial intelligence. Read More

Urban Institute Expects Single-Family Rental Financing to Grow

SFR transactions are expected to increase as investors rely more on leverage… Read More

Short Takes: Investors Line up for Deephaven Deal / 29 Percent with a ‘Credit Event’ / Bill Dallas Aims to Get Serious About Reverses / CHOICE Vote? / A New Hire for New American

The deal was six-times oversubscribed, a positive for this young market... 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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