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5 trends in mortgage servicing to watch

National Mortgage
Mortgage Finance
2 years ago

Prices in the mortgage servicing rights market are still strong historically, but as recent negative valuation adjustments in public earnings,.. Read More;

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Hometown Lenders and former branch move towards settling $1M suit

National Mortgage
Mortgage Finance
2 years ago

A former top performing branch for Hometown Lenders is inching closer to settling its $1 million lawsuit lodged against the,.. Read More;

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Gen Z borrowers are loyal to their lender: report

National Mortgage
Mortgage Finance
2 years ago

Young consumers with short credit histories rise to higher tiers faster than similar older borrowers, while also showing a tendency,.. Read More;

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Mortgage rates to stay elevated on inflation worries, Freddie says

National Mortgage
Mortgage Finance
2 years ago

Freddie Mac's latest economic forecast calls for mortgage rates to remain at 6.5% for the first half of the year,.. Read More;

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Farm lending robust in 2023, but 'tougher' year lies ahead

National Mortgage
Mortgage Finance
2 years ago

A field of corn growing under a cloudy sky. Sayee Srinivasan, chief economist for the American Bankers Association, warned that,.. Read More;

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NAR settlement might lead to more dual agents, but LOs are skeptical

National Mortgage
Mortgage Finance
2 years ago

During the Mortgage Bankers Association's advocacy conference last week, Bob Broeksmit, the trade group's president, floated the idea that the,.. Read More;

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Homebuyers expecting broker commission savings face tough reality

National Mortgage
Mortgage Finance
2 years ago

Consumers expecting big savings from a National Association of Realtors' class-action settlement over agent commissions may instead be in for,.. Read More;

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Racist emails becoming focal point in redlining settlements

National Mortgage
Mortgage Finance
2 years ago

The Justice Department has secured $122 million from a dozen banks and mortgage companies in redlining cases since Attorney General,.. Read More;

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Rent price growth is slowing down

National Mortgage
Mortgage Finance
2 years ago

Single-family rent growth slowed in January, but prices came in 28% higher from pre-pandemic levels, pointing to spillover pressure from,.. Read More;

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Housing groups call for definitive flood insurance extension

National Mortgage
Mortgage Finance
2 years ago

Mortgage and housing groups at deadline Friday were pressing for an extension to the National Flood Insurance Program set to,.. Read More;

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Regulators tweak new CRA rules ahead of implementation date

National Mortgage
Mortgage Finance
2 years ago

Federal Reserve Gov. Michelle Bowman said that regulators' pushing back some implementation dates and resolution of technical errors in its,.. Read More;

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Rocket Mortgage President Tim Birkmeier retires

National Mortgage
Mortgage Finance
2 years ago

Rocket Mortgage President Tim Birkmeier announced his retirement Thursday, the latest leadership move at the massive Detroit firm in the,.. Read More;

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