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Home » Newsletters » Inside Mortgage Trends

Inside Mortgage Trends

June 5, 2020

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  • Inside Mortgage Trends, Full Issue, June 5, 2020 (PDF)

Correspondents Lose Share in Key Products in 1Q20

While overall production volume was down in all three major product groups, the wholesale-broker channel saw increased originations of conventional-conforming and government-insured loans. (Includes two data charts.) Read More

Reporting Changes Lead to Sharp Drop in Bank SFO

Most of the industry's dramatic $245 billion decline in servicing for others was the result of a change in reporting practices at Flagstar Bank. However, a number of large banks continued to back away from the business of servicing for others. (Includes data chart.)

Read More

Impac Mortgage Restarts Its Lending Business

For a while there, during the early days of the pandemic, Impac Mortgage appeared to be on the ropes, but it’s back in the lending arena, sans its non-QM menu. Read More

Most Lenders Were Ready for COVID Security Risks

Mortgage lenders rapidly implemented work-from-home policies that kept operations humming early in pandemic. But the huge extension of the corporate network meant a significant increase in cybersecurity risk. Read More

Borrowers Satisfied with Online Closings

Though initially wary of the online closing process, borrowers’ satisfaction with their lenders appears to have increased during the pandemic. Read More

Mixed Response to Deferral of Appraisals for Banks

Bank trade groups support an interim final rule that allows depositories to defer appraisals for up to 120 days in certain circumstances. Appraisers, on the other hand, have raised concerns. Read More

Digital Modification May Gain Traction

With more than 8% of mortgages now in forbearance, industry experts are exploring ways to give an added impetus to digitizing the loan-modification process. Read More

New Lender Launches Fully Digital Product

A startup, Beeline, promises it can decide on a mortgage application in as little as 15 minutes. Read More

Latest Imf News

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Featured Data

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Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

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