While most will be monitoring increased infections and the progress of vaccine distribution and effectiveness, loan servicing and asset management professionals will have some additional factors impacting their organizations and books of business in the new year
Tag: Mortgage Servicing
MBA: 3Q Mortgage Production Volume Spurs Strong IMB Profits
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $5,535 on each loan they originated in the third quarter, up from $4,548 per loan in the second quarter, the Mortgage Bankers Association reported this morning in its Quarterly Mortgage Bankers Performance Report.
MBA: 3Q Mortgage Production Volume Spurs Strong IMB Profits
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $5,535 on each loan they originated in the third quarter, up from $4,548 per loan in the second quarter, the Mortgage Bankers Association reported this morning in its Quarterly Mortgage Bankers Performance Report.
MBA: 3Q Mortgage Production Volume Spurs Strong IMB Profits
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $5,535 on each loan they originated in the third quarter, up from $4,548 per loan in the second quarter, the Mortgage Bankers Association reported this morning in its Quarterly Mortgage Bankers Performance Report.
Dave Parker: Rebounding Non-QM Market Requires Quality Review to Mitigate Risk
The non-QM market is making a recovery and, with continued demand from borrowers, changes to the current QM lending rule and the approaching expiration of the QM patch, is likely to stay on the rebound. As a new range of products come to the market, the question now becomes, how can the mortgage industry ramp up and ensure loan quality for lenders, servicers, and investors?
MBA Chart of the Week: Percentage of Cumulative Weekly Forbearance Exits by Reason
According to the latest edition of MBA’s Weekly Forbearance and Call Volume Survey, the share of loans in forbearance dropped to 5.67 percent of servicers’ portfolio volume as of November 1 — well below its peak of 8.55 percent as of June 7.
MBA Chart of the Week: Percentage of Cumulative Weekly Forbearance Exits by Reason
According to the latest edition of MBA’s Weekly Forbearance and Call Volume Survey, the share of loans in forbearance dropped to 5.67 percent of servicers’ portfolio volume as of November 1 — well below its peak of 8.55 percent as of June 7.
Christy Moss, CMB, and Ken Logan, CMB: Reps and Warrants Relief Key to IMB Liquidity Strategies
There is more to spinning today’s volume into gold than efficiently originating high quality loans. For independent mortgage banks, the name of the game is liquidity. Lenders with an eye and a taste for transformative growth are equally attentive to their liquidity strategies, including how their origination practices impact liquidity now and after the current cycle ends.
Sponsored Content from ServiceLink: How Technology Plays a Vital Role in Property Disposition
ServiceLink’s Ryan Helms, product manager, explains how new technology is poised to help servicers and investors make better decisions on how to manage their default portfolios.
Christy Moss, CMB, and Ken Logan, CMB: Reps and Warrants Relief Key to IMB Liquidity Strategies
There is more to spinning today’s volume into gold than efficiently originating high quality loans. For independent mortgage banks, the name of the game is liquidity. Lenders with an eye and a taste for transformative growth are equally attentive to their liquidity strategies, including how their origination practices impact liquidity now and after the current cycle ends.