Powerhouse lender/servicer New Residential Investment Corp. had an impressive third quarter, with reported earnings of $177.5 million from July to September, up 136% quarter-over-quarter.
Speed up lost drafts with Incenter Appraisal Management's remote inspections. A certified inspector captures detailed images of the property and repairs using the homeowner's smartphone camera and then prepares the CDAIR report in 72 hours or less.
In the wake of this unparalleled volume, companies across the housing industry have been working to increase the efficiencies of the entire lending process – including getting closings correct the first time around. Here's a look at the future of error-free closings.
Forbearance declined at a steady pace across the board last week, with many borrowers having already reached the end of their 18-month period provided by the CARES Act.
With single-sign-on convenience for borrowers, full LOS integration preserving lender workflows, and enhanced title collaboration tools, SimpleNexus delivers a streamlined eClose solution for a seamless experience for all parties involved at closing. Learn More.
Mortgage lending titan Rocket Mortgage is bringing its tech straight to financial institutions. The lender announced Friday a partnership with Salesforce to deliver Rocket's mortgage origination capabilities directly to banks, credit unions and other FIs through Salesforce Financial Services Cloud.
How? With MI Solutions from MGIC. Mortgage insurance is a versatile strategy that can help you get renters into the game sooner by allowing them to put less down, afford more home, or expand their cash flow options. See how!
According to LoanDepot's quarterly earnings report released on Monday, net income jumped to $154.3 million compared to $26.3 million in the second quarter.
Consumer protection attorneys and servicers still have major questions about how the homeowner assistance fund money will be distributed, and who will be left holding the bag if something goes wrong.
Having someone sell a lien release as a commodity or "just something you generate" is quite a liability to any company, both to the customers buying and those providing the service. Both sides need to truly understand what they are signing up for. Learn More!
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