Cart

Inside Mortgage Trends

August 6, 2021

View Archived Issues

Wholesale Loses Ground in 2Q21, Correspondent Gains

The shift toward more purchase-mortgage business in the agency market appeared to help the correspondent channel the most at the expense of wholesale-broker. (Includes two data charts.) Read More

Banks Report 2Q21 Slump in Mortgage Banking Income

Only two of 21 banks reported increased income from mortgage banking during the second quarter, both due to improvement on the servicing side of the business. (Includes data chart.) Read More

Mixed Results Among Large Nonbanks in Second Quarter

Income fell at four nonbanks in the second quarter, though performance was far from uniform. loanDepot’s profits dropped 94% compared with the previous quarter. Read More

Waiting for Bulk MSR Sales to Take Off (and Waiting)

Servicing sales’ worst enemy: declining interest rates. Bulk transactions are weak while flow deals hold steady. Read More

Servicers Face Active Autumn Thanks to Forbearance Exits

The number of borrowers whose forbearance plans will expire in the fall is greater than they might have been because maximum forbearance periods are varied based on when a borrower started a plan. Read More

Mortgage Share of Home Purchases Hits 7-Year Low

All-cash purchases of homes are higher than they have been since 2014 but many lenders say the cash market isn’t having much of an impact on them. Read More

Digital Verifications Growing in Popularity

Digital verification of borrowers’ income, employment and assets can significantly reduce the length of the mortgage closing process. And the tech got a boost from the pandemic. Read More

Liquid Mortgage Gets Patent For Blockchain Platform

The patent awarded to Liquid Mortgage covers a significant portion of the tech startup’s business model. LM is looking to apply blockchain to the mortgage securitization process. Read More

Latest Imf News

More Imf News

Featured Data

More Featured Data

Featured Reports

More Latest Reports

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?

View Results