Industry Briefs May 13, 2021

DiversityInc announced its annual list of the Top 50 Companies for Diversity, which serves as a benchmark of how the largest employers in U.S. are doing when it comes to hiring.

Industry Briefs Apr. 27, 2021

Fannie Mae, Washington, D.C., said full-year 2021 real GDP growth expectations improved to 6.8 percent, including 9.1 percent annualized growth in the second quarter, due primarily to the continued easing of virus-related social restrictions and stimulus-driven consumer spending.

Industry Briefs Apr. 8, 2021

Top of Mind Networks, Atlanta, launched a bidirectional data connection between Surefire, its platform for automated mortgage marketing, and Salesforce, an enterprise CRM. The connection gives mortgage lenders choice and control over the way information is shared between their enterprise CRM and mortgage marketing technologies.

Industry Briefs Apr. 2, 2021

Auction.com, Irvine, Calif., released its 2021 Seller Strategy Report, based on an analysis of more than 70,000 properties brought to foreclosure auction on the Auction.com platform in the four quarters ending in Q1 2021.

Industry Briefs Mar. 12, 2021

HUD approved a Conciliation Agreement between JPMorgan Chase Bank and a Black woman, resolving the woman’s claim that the mortgage lender, relying on an appraisal that she believed was inaccurate, valued her home at an amount lower than its actual worth because of her race.

Industry Briefs Mar. 8, 2021

Ginnie Mae, Washington, D.C., said mortgage-backed securities issuance volume fell in February to $76.92 billion, down from the record $82.6 billion issued in January.

Industry Briefs Feb. 25, 2021

Finicity, Salt Lake City, announced its one-touch Mortgage Verification Service, enabling lenders to allow consumers to permission data so lenders can verify assets, income and employment in a single interaction. The verification is accepted by both Freddie Mac and Fannie Mae.

MBA: Loans in Forbearance Fall to 5.35%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance decreased by 3 basis points to 5.35% of servicers’ portfolio volume as of Jan. 31 compared to 5.38% the prior week. MBA estimates 2.7 million homeowners are in forbearance plans.

MBA: Share of Loans in Forbearance Unchanged at 5.38%

The Mortgage Bankers Association’s latest Forbearance and Call Volume Survey reported loans now in forbearance remained unchanged at 5.38% of servicers’ portfolio volume as of January 24. MBA estimates 2.7 million homeowners are in forbearance plans.

Ginnie Mae Issues 1st MBS backed by Digital Pools

Ginnie Mae reached a milestone in its Digital Collateral Program this month with issuance of the first mortgage-backed security backed by Digital Pools, consisting entirely and exclusively of eNotes.