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Uplist’s Jeff Bell on finding efficiencies for loan officers

December 12, 2024 by bp56691
Jeff Bell, president of UpWell Mortgage and Uplist, talks about the industry turning a corner after two rough years.
Categories LendingLife, Mortgage, Origination, Refinancing, Technology

UWM, Better join Fannie Mae’s controversial title insurance waiver pilot

December 11, 2024 by bp56691
UWM, Better join Fannie Mae’s controversial title insurance waiver pilot
UWM and Better have joined Fannie Mae’s pilot program that waives lender title insurance requirements for certain refinance transactions.
Categories ALTA, Better.com, Fannie Mae, LendingLife, Mortgage, Origination, Title, Title insurance, United Wholesale Mortgage

Mr. Cooper’s Jay Bray explores servicing book growth, tech enhancements for 2025

December 5, 2024 by bp56691
In this episode of the PowerHouse podcast, Mr. Cooper CEO Jay Bray dives into the company’s recent acquisitions, servicing and growth.
Categories Flagstar Bank, Mergers and Acquisitions, Mortgage, Mortgage Servicing, Mortgage servicing rights, Mr. Cooper, Origination, Podcast, Podcasts, Servicing

Small drop in mortgage rates a good sign for December

December 3, 2024 by bp56691
Small drop in mortgage rates a good sign for December
If housing industry professionals are looking for an early Christmas gift, they might receive it in the next two weeks if key economic indicators move in the right direction.
Categories Altos Research, Federal Reserve, LendingLife, Mortgage, Mortgage Rates, Mortgage Rates Center, Origination, United Wholesale Mortgage, Veterans United Home Loans

Citi invests in mortgage platform Pylon

November 26, 2024 by bp56691
Mortgage infrastructure provider Pylon received a minority investment from Citi, and will sell mortgages on its platform through the bank’s mortgage trading desk.
Categories Artificial Intelligence, Citigroup, LendingLife, Mortgage, Origination, Technology

Credit bureaus will push to scale back mortgage trigger leads bill

November 19, 2024 by bp56691
Credit bureaus will push to scale back mortgage trigger leads bill
The passage of the mortgage trigger lead bill as proposed in Congress may face a challenge this week from the consumer reporting industry.
Categories Community Home Lenders Association, credit report, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Senate, U.S. Senate

Chrissi Rhea, co-founder of Mortgage Investors Group, has died

November 15, 2024 by bp56691
Chrissi Rhea, co-founder of Mortgage Investors Group and member of the MBA’s board of directors, died on Nov. 8, at the age of 73.
Categories Bob Broeksmit, LendingLife, Mortgage, Mortgage Bankers Association, Origination, Retail Lending

The trigger lead bill looks in doubt post-election

November 14, 2024 by bp56691
The post-election landscape has complicated the mortgage industry’s efforts to pass a trigger lead bill. Backup plans are being formulated.
Categories CFPB, Congress, Election 2024, House of Representatives, Lead Generation, LendingLife, Mortgage, Origination, Regulatory, Senate

Movement Mortgage names Steve Smith president and CFO

November 13, 2024 by bp56691
Top retail mortgage lender Movement Mortgage named longtime industry executive Steve Smith its newest president and CFO.
Categories LendingLife, Mortgage, Movement Mortgage, Origination, People Movers

Rocket’s origination volume jumps 28% in Q3

November 13, 2024 by bp56691
Rocket’s origination volume jumps 28% in Q3
Detroit-based Rocket Companies saw its strategy of investing in technology and expanding its servicing portfolio start to pay off in Q3 2024.
Categories Annaly Capital Management, Artificial Intelligence, Earnings, LendingLife, Mortgage, Mortgage Servicing, Mortgage servicing rights, Origination, Rocket Mortgage
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Recent Posts

  • Mortgage rates unfazed by crazy economic headlines
  • The HELPER Act promises to open up housing opportunities and give the real estate business a much-needed lift 
  • Updated list of Bill Pulte’s actions that impact FHFA, GSEs
  • MISMO reverse mortgage workgroup chair on ‘building a bridge to the mainland’
  • NAHB: Remodeling for aging in place fell in Q1 but receptivity remains high

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