MBA NewsLink recently interviewed Admiral Thomas Lynch, executive chair of NewDay USA, about his work helping veterans and service members achieve homeownership.

At last month's MBA Annual Convention and Expo in Las Vegas, lenders discussed and debated ways to reduce origination costs and increase  productivity by investing in more modern technology, refining the use of technology, and making the loan production process more efficient. Improved servicing recapture and offering a greater variety of non-agency loan products were also explored as ways to achieve scale and spread fixed costs over more origination volume.  

Equifax's Joel Rickman says increased activity in the mortgage sector should be a wake-up call for lenders to improve efficiency in their processes.

Annual house price appreciation has slowed for 10 consecutive months, but pricing trends vary significantly by region, according to First American Data & Analytics, Santa Ana, Calif.

Homebuyer affordability improved in September, with the national median payment applied for by purchase applicants decreasing to $2,067 from $2,100 in September.

BeSmartee's Tim Nguyen says the lenders who thrive in the next cycle won’t be those spending the most on leads. "They’ll be those who fix funnel leaks before the wave hits."