Items Tagged with 'Originations'

ARTICLES

Here's clear evidence of how much more complicated mortgage lending is now

An inside look at one lender's operations
At any gathering of housing industry professionals, it isn’t long before the conversation inevitably turns to the current regulatory environment. That was definitely the case at Wednesday’s housing summit hosted by the Urban Institute and CoreLogic. Debra Still, the president and CEO of Pulte Mortgage, surprised some in the crowd by presenting concrete evidence of how much more complicated mortgage lending is now than it was 10 years ago.
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From HW Magazine

LenderLive partners with lenders and servicers for compliant outsourced solutions

Delivers confidence, control and transparency
As compliance costs rise and regulators turn their attention to policing new standards, companies are evaluating all their options. By partnering with LenderLive, a premier services provider, financial companies can take advantage of LenderLive investments in compliance expertise, highly-qualified talent and technology, and benefit from its scale and best practices.
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PennyMac pretax income drops 61%

CEO: Mortgage banking sensitive to interest rate changes
PennyMac’s pretax income dropped significantly. However, the company CEO explains the reasons and says the company continues to see solid growth trends. Originations and unpaid principal balance both saw significant increases from last quarter.
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