Net gains for nonbanks in 2021 declined to $2,339 on each loan originated, compared to a record $4,202 in the previous year, according to a report published by the MBA on Monday.
For too long, a reverse mortgage has been seen as a last resort for people in desperate straits. At Reverse Mortgage Funding LLC, we know that when used thoughtfully, it can be a sophisticated part of a financial plan. That's why we're working to change the way people think about reverse mortgages.
ICE's latest borrower insights survey, which explored how COVID-19 impacted home buying, found that 61% of Millennials and 65% of Gen Z were influenced by what lender they chose based on who offered digital apps.
How? Share creative solutions for buyers that may be new to your referral partners. When they see how these strategies can help them solve problems for buyers and show more homes, they'll thank you! Learn More!
Looking for a program for your self-employed, investor, and foreign national borrowers? Acra Lending offers a variety of programs designed specifically for these borrowers including, Bank Statement Programs, Investor Cash Flow, Foreign National program. Visit acralending.com to discuss all your lending solutions.
Black Knight's stock has been traded below its value because of an investor misconception, according to analysts who track the company. But private equity firms see big potential for the Jacksonville giant – and they're ready to buy.
Fannie Mae's CEO, Hugh Frater, and Sheila Bair, the chair of its board, both announced they will resign from the mortgage finance behemoth. Here's who will replace them.
Empower your loan officers and borrowers with a seamless loan disclosure process. Tavant's disclosure automation is an exclusive solution built for ICE's loan origination system, Encompass, to automate the disclosure process and ensure consistent validation for compliant disclosure. Learn More!
Fannie Mae announced that it would be accepting written opinion letters from an attorney in lieu of a title insurance policy "in limited circumstances."
Lenders are looking for new ways to boost revenue, and the fulfillment team at Computershare Loan Services (CLS) can help. Clients leverage CLS' processors, underwriters, and closers to reduce origination costs, improve performance, and add capacity. Learn More!
Sponsored by Computershare Loan Services
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