The sale of $13.1 billion in Ginnie Mae servicing rights generated nearly $175 million, saving Homepoint from what otherwise would have been a sizable loss.
As lenders grow they may neglect to take the time to review their processes. Manually doing processes that could be automated can lead to wasting valuable time and money. More automation may lead to, faster turn times, better QC, & greater ROI. It's time to improve your workflow.
As economic factors continue to affect borrowers and the risk of delinquency rises, mortgage servicers need to be proactive in helping borrowers navigate their situation and loss mitigation options.
As rates rise, lenders seek new areas of profitability. Computershare Loan Services can help your business thrive in any market with originations fulfillment, MSR acquisition, and loan servicing solutions. Let's tame the mortgage industry. Learn more!
Net income at eXp was $81 million for 2021, according to a virtual world earnings call Thursday livestreamed on YouTube. That's a 162% jump from $31 million in 2020 profit.
SimpleNexus unites the people, systems, and stages of the mortgage process into a seamless, end-to-end solution spanning engagement, origination, closing, and business intelligence. See How!
The FHA is working to expand the COVID-19 loss mitigation program to include the option of a 40-year loan modification with a partial claim, an acknowledgement that some borrowers exiting forbearance are still facing financial challenges.
A federal appellate court on Tuesday dismissed claims from Fannie Mae and Freddie Mac shareholders who had hoped to recoup part of their equity after it was wiped out by the U.S. Treasury's "net worth sweep."
Four industry experts, including representatives from top lenders, talked about how they're taking advantage of instant title. Watch their conversation or read the highlights. Click Here!
Offerpad turned a $6.5 million profit in 2021, the lone iBuyer to do so. It's unclear whether the company can remain in the black in 2022, with home price appreciation still on the upswing.
Real estate agents and their clients drive the choice in purchase loan closing/title agents. This conflicts with a lender's desire to have a fast, simple and integrated process. Read how tech-forward lenders are solving this challenge.
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