In the mortgage industry’s current environment of rising rates, shrinking volumes and tight-enough-to-choke margins, lenders are faced with making tough decisions in their efforts to “right the ship,” according to mortgage advisory firm STRATMOR Group, Greenwood Village, Colo.
Tag: Industry Briefs
Industry Briefs Aug. 24, 2022: Vice Capital Markets Releases API for Freddie Mac Cash Purchase Statement
Vice Capital Markets, Novi, Mich., released an integration for Freddie Mac’s Cash Settlement Purchase Statement application programming interface.
Industry Briefs Aug. 23, 2022: Vice Capital Markets Releases API for Freddie Mac Cash Purchase Statement
Vice Capital Markets, Novi, Mich., released an integration for Freddie Mac’s Cash Settlement Purchase Statement application programming interface.
Industry Briefs Aug. 11, 2022: TransUnion Says Serious Delinquencies ‘Normalizing’ to Pre-Pandemic Levels
TransUnion, Chicago, said the first half of 2022 concluded with a normalization in serious delinquency rates to pre-pandemic levels for most credit products as lenders continued to expand access to credit cards and personal loans.
Industry Briefs Aug. 10, 2022: TransUnion Says Serious Delinquencies ‘Normalizing’ to Pre-Pandemic Levels
TransUnion, Chicago, said the first half of 2022 concluded with a normalization in serious delinquency rates to pre-pandemic levels for most credit products as lenders continued to expand access to credit cards and personal loans.
Industry Briefs Aug. 8, 2022: Fannie Mae Survey Cites Cost-Cutting as Top 2022 Business Priority
Fannie Mae, Washington, D.C., said mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges, including weakened mortgage demand and rising rates.
Industry Briefs Aug. 5, 2022: Fannie Mae Survey Cites Cost-Cutting as Top 2022 Business Priority
Fannie Mae, Washington, D.C., said mortgage lenders appear to be adapting their business priorities to meet what they believe are a new set of challenges, including weakened mortgage demand and rising rates.
Industry Briefs Aug. 2, 2022
ACES Quality Management, Denver, enhanced its reporting library within its flagship audit platform ACES Quality Management & Control software to help align with recent mortgage quality control reporting recommendations issued by Fannie Mae.
Industry Briefs From LenderLogix, ICE Mortgage Technology, Biz2Credit, FundingShield
LenderLogix, Buffalo, N.Y., announced its QuickQual integration is now built leveraging Encompass Developer Connect and available through ICE Mortgage Technology, part of Intercontinental Exchange, Inc.
Industry Briefs July 13, 2022: Sales Boomerang, Mortgage Coach Merge
Sales Boomerang, Owings Mill, Md., an automated borrower intelligence and retention system, and Mortgage Coach, Irvine, Calif., a platform enabling mortgage lenders to educate borrowers with interactive home loan presentations, announced their merger and appointed SaaS executive Richard Harris as CEO.