Best automation opportunities for loan processing

Join our expert panelists to learn how lenders can achieve their goals using the integration of intelligent document automation and RPA technology.

Biden’s housing policy and minority homeownership

An Honest Conversation with New American Funding’s Charles Lowery and Frank Fuentes on how housing policy could impact minority homeownership.

Real Estate Tech Virtual Demo Day

Join us on March 16 to discover the most innovative operations and closing management tech solutions for the real estate industry.

A deep dive into UWM’s recent announcement

This episode examines UWM’s recent announcement that it will no longer partner with brokers who also work with Rocket and Fairway.

Mortgage

Whalen: Mortgage servicing market changing

Coming changes in the U.S. banking business will remake the mortgage market — even if banks won't be abandoning mortgages anytime soon — according to industry expert Christopher Whalen, in recent commentary. Whalen writes:

[W]hat is likely to evolve is a more even distribution of the $9.8 trillion U.S. loan-servicing market. Whereas today Wells Fargo and JPMorgan Chase account for about a third of the total servicing footprint, in the future a greater number of both commercial banks and nonbanks will be involved in the business. This will be better for consumers and for the financial services industry, because the operational risks and rewards of loan servicing will be spread across a greater capital base.

Most Popular Articles

Rocket Mortgage: UWM is trying to “manipulate” market

“We would never in our wildest dreams, tell a broker to choose us, or someone else,” Rocket Mortgage’s Austin Niemiec said in an interview

Mar 05, 2021 By
3d rendering of a row of luxury townhouses along a street

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