Lessons from lenders’ Q1 earnings amid epic volume drop
May 16, 2022Origination volume dropped in Q1 but banks and non-bank lenders that sold off mortgage servicing rights saw the highest profits, earnings.
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FHA Commissioner Julia Gordon gets to work
May 17, 2022 -
MSR sales played a key role in nonbank profits in Q1
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Lessons from lenders’ Q1 earnings amid epic volume drop Origination volume dropped in Q1 but banks and non-bank lenders that sold off mortgage servicing rights saw the highest profits, earnings.
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Mortgage
Ocwen names new CFO to navigate challenging market
May 18, 2022Sean O’Neil is joining Ocwen Financial Corp. as EVP and CFO after positions at Bayview Asset Management and Wells Fargo.
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CFPB report highlights outliers doing a poor job servicing
May 18, 2022 -
Mortgage apps decline 11% amid economic uncertainty
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Narrow Gauge Capital acquires Inco-Check
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Orchard provides cash offers for first-time homebuyers
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FHA Commissioner Julia Gordon gets to work
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Real Estate
Housing starts data lags reality of higher mortgage rates
May 18, 2022Higher mortgage rates are hitting the housing starts data, and the real story is that the housing completion data is still terrible.
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Proptech Parcl offers real estate investing without liquidity
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FirstClose secures $35 million investment from Lateral
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Mobile, online home purchases raising mortgage fraud costs
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Almost 45% of homeowners are now equity rich
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Fintech
FirstClose secures $35 million investment from Lateral
May 17, 2022In its first equity round, FirstClose received a $35 million investment from Lateral Investment Management on Tuesday.
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Wire fraud prevention fintech CertifID raises $12.5M in Series A funding
May 16, 2022 -
Polly teams up with mortgage insurance providers to streamline service
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Blend: We plan to outperform the decline in origination volume
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Homepoint lends homebuyers the power of all-cash offers
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Optimal Blue hopes to hook mortgage brokers with real-time rate feature
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How reverse mortgages could improve financial stability for older homeowners
May 18, 2022HousingWire recently spoke with Christian Mills, head of Financial Advisor Relations at Reverse Mortgage Funding, about the ways a reverse mortgage can create a stable cash flow for homeowners in the midst of a volatile housing market.
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Opinion
When you use your data to track the right metrics for mortgage servicing, you are empowered by such insights to focus on the most important things for your business and provide smart scaling.
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Zillow’s Jeff Tucker on housing inventory May 10, 2022 -
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