The Mortgage Bankers Association’s annual Legal Issues and Regulatory Compliance Conference takes place May 22-25 at the Intercontinental Miami.
Category: News and Trends
Industry Briefs May 12, 2022: Planet Home Lending to Acquire Homepoint Correspondent Assets
Planet Home Lending LLC, Meriden, Conn., entered into a definitive agreement to acquire certain assets of the delegated correspondent channel of Home Point Financial Corp., a mortgage originator and servicer and a subsidiary of Homepoint Capital Inc.
George Baker of Talk’uments: In Spite of Storm Clouds, Genuine Opportunities Emerging for Lenders
The virtually untapped and growing market of Limited English Proficiency borrowers deserves consideration and investment, and promises real potential for lenders which do.
Millennials’ Late Homeownership, Increased Migration Impact Insurance Carriers
Seemingly little things can have big consequences. For the insurance industry, said TransUnion, Chicago, the delay in Millennial homeownership has had ripple effects that insurance providers are feeling now.
April Inflation Cools Slightly
Inflation fell in April, relatively speaking, the Bureau of Labor Statistics reported Wednesday.
Nearly Half of U.S. Homeowners Equity-Rich
ATTOM, Irvine, Calif., reported 44.9 percent of mortgaged residential properties in the United States were considered equity-rich in the first quarter, up by more than 15 percent from just a year ago.
Dealmaker: Northmarq Arranges $50M in Multifamily
Northmarq arranged more than $50 million in financing for multifamily properties in Arizona and Oregon.
MBA: 1Q Commercial/Multifamily Borrowing Jumps 72% from Year Ago
Commercial and multifamily mortgage loan originations increased by 72 percent in the first quarter from a year ago, the Mortgage Bankers Association reported Thursday.
MBA Weekly Applications Survey May 11, 2022: Winning Streak at 2
Mortgage applications posted rare back-to-back weekly increases despite interest rates hitting a 13-year high, the Mortgage Bankers Association reported Wednesday in its Weekly Mortgage Applications Survey for the week ending May 6.
Howard Lin of Cielway: How to Manage Mortgage Servicing Rights in This Fast Market
Mortgage servicing rights are a natural hedge to those who primarily focus on the origination side of the business. However, retaining servicing rights is not an easy business, not to mention properly valuing them, especially when the current volatile interest rate movement makes hedging a task only to the most sophisticated mind.