The Path To Recovery
This issue of our newspaper tackles pressing issues such as …
Read More
In The News
STRATMOR: For Better Decision-Making, Lenders Need To Dig Deeper Into Their Data
In its April Insights Report, STRATMOR Group delves into the importance of sophisticated data analysis and shows how benchmarking, historical trend analysis, and peer data can significantly impact a lender’s success.
Read More
Mortgage Applications Decreased From One Week Earlier
Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2024.
Read More
IMB Production Losses Reach Series High In 2023
Independent mortgage banks and mortgage subsidiaries of chartered banks lost an average of $1,056 on each loan they originated in 2023, down from an average loss of $301 per loan. This represents a series high in the 15-year history of the Mortgage Bankers Association’s (MBA) Annual Mortgage Bankers Performance Report.
Read More
ICE Launches MSP Digital Experience, Giving Servicing Professionals A More Intuitive, Dynamic And Conversational Approach Yo Working In MSP
Intercontinental Exchange, Inc. (NYSE: ICE), a global provider of technology and data, officially introduced the MSP Digital Experience (MSP DX). MSP DX is a new conversational interface for working in MSP, ICE’s mortgage loan servicing system.
Read More
Podcast: How To Revolutionize Commercial Lending
Welcome to the Lending Buzz, the podcast that gives you the latest news, trends, insights, and strategies to help you grow your business. Check it out …
Read More
Agile Introduces Competitive Electronic Bidding On Fourth Month TBA Mortgage-Backed Securities
Agile, a fintech bringing mortgage lenders and broker-dealers onto a single electronic platform, launched electronic bidding for the fourth month in the To-Be-Announced mortgage-backed securities (TBA) market. This marks a significant leap forward in the trading landscape of off-screen securities.
Read More
Mortgage Application Payments Remained Flat In March
Homebuyer affordability declined in March, with the national median payment applied for by purchase applicants increasing slightly to $2,201 from $2,184 in February. This is according to the Mortgage Bankers Association’s (MBA) Purchase Applications Payment Index (PAPI), which measures how new monthly mortgage payments vary across time – relative to income – using data from MBA’s Weekly Applications Survey (WAS).
Read More
Truv Integrates With BeSmartee To Transform The Mortgage Experience
Truv, a GSE-approved direct-to-source income, employment and asset verification provider has launched a partnership with BeSmartee, provider of an award-winning Point-of-Sale (POS) platform for mortgage lenders.
Read More
Mortgage Applications Decreased 2.7 Percent From One Week Earlier
Mortgage applications decreased 2.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 19, 2024.
Read More