MSR sales played a key role in nonbank profits in Q1
May 12, 2022A strong market for mortgage-servicing rights (MSRs) helped to buoy the profitability of at least two major nonbank lenders.
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Forbearance rate drops below 1%, lowest level since June 2020
May 16, 2022The Mortgage Bankers Association’s monthly survey showed fewer than 500,000 people remain in forbearance, the lowest level since June 2020.
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Almost 45% of homeowners are now equity rich
May 12, 2022So far in 2022, 13% more homeowners are considered equity rich than during the same period in 2021.
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Fintech
Wire fraud prevention fintech CertifID raises $12.5M in Series A funding
May 16, 2022Fintech CertifID, aimed at reducing wire fraud in real estate transactions, will staff up with $12.5 million in Series A funding.
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Is investor appetite for non-QM changing?
May 16, 2022HousingWire chats with Steven Schwalb, Managing Partner of Angel Oak Lending about the changes investor appetite for non-QM products.
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A guide to choosing the right non-QM lending partner
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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 when housing inventory May 10, 2022 -
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