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Originator commissions drop annually as headcount rises in Q2

National Mortgage
Mortgage Finance
5 years ago

Originators and their teams saw individual compensation fall between April and June compared to the unusually strong second quarter of,.. Read More;

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Fannie, Freddie, FHA offer some tenants relief as eviction ban ends

National Mortgage
Mortgage Finance
5 years ago

One day before the federal eviction ban was to expire, the Federal Housing Administration, the Department of Veterans Affairs, and,.. Read More;

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Racial gap in mortgages widened by pandemic, Morgan Stanley says

National Mortgage
Mortgage Finance
5 years ago

The pandemic made it harder for many Americans to qualify for mortgages. But it hit middle-to low-income minority borrowers harder,.. Read More;

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Michigan has serious lack of affordable housing and crisis could get worse soon

National Mortgage
Mortgage Finance
5 years ago

A renter making minimum wage would have to work 77 hours a week — nearly two full-time jobs — to,.. Read More;

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Average three- and five-year fixed rates fall 1bps

Mortgage Finance Gazette
Mortgage Finance
5 years ago

At the same time, the average rate for a five-year fix fell by the same amount, giving a rate of,.. Read More;

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Leek United Building Society adds Dynamo for Intermediaries to lending panel

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The mutual says it has struck a deal with the broker-only arm of the Surrey-based business, founded in 2012, which,.. Read More;

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Calls between clients and conveyancers jump 20% in June: Moneypenny

Mortgage Finance Gazette
Mortgage Finance
5 years ago

The business communications firm says that sales progression calls were up by a fifth in June compared to the previous,.. Read More;

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New Residential sees potential in MSRs, Caliber deal, to spur growth

National Mortgage
Mortgage Finance
5 years ago

New Residential Investment Corp. reported gains in originations and servicing segments in the second quarter, and expects MSRs and residential,.. Read More;

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Mortgage servicer customer satisfaction rises during pandemic year

National Mortgage
Mortgage Finance
5 years ago

Mortgage servicer satisfaction scores rose year-over-year in J.D. Power's 2021 survey, as consumers had increased interaction and engagement with these,.. Read More;

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Customer growth boosts ICE Mortgage Technology's 2Q revenue

National Mortgage
Mortgage Finance
5 years ago

ICE Mortgage Technology reported better than expected second quarter results due to new customer growth and increased adoption of digital,.. Read More;

post

Mr. Cooper earns $439M, inches closer to $1 trillion servicing goal

National Mortgage
Mortgage Finance
5 years ago

Mr. Cooper on Thursday reported $439 million in second-quarter earnings, benefitting from some transitory revenue sources as it made progress,.. Read More;

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U.S. pending home sales decline unexpectedly on record prices

National Mortgage
Mortgage Finance
5 years ago

A gauge of contract signings to purchase previously owned U.S. homes fell in June, indicating high prices and a limited,.. Read More;

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