With originations and loan sales rising across the industry in the third quarter, most companies booked income gains from those activities. Servicing, however, was a different matter. (Includes data tables.)
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Investments in customer service can help both borrowers and servicers, according to industry participants. Servicers are using AI and other tech to help borrowers and potentially generate recapture business.
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Digitization will speed up the lending process and can lead to lower interest rates for borrowers, according to Anne Canfield, partner at The Majority Group.
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Climate scenario analysis can help lenders and servicers adapt to the increasing incidence of disasters and make their portfolios more resilient, according to a new paper by ClimateX.
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Homebuying interest increased after the November election, a new Redfin survey found. Also, homebuyers are willing to compromise to purchase a more affordable home.
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FHFA announces 2025 conforming loan limits; rejection rate for refis hits survey high; home sales projected to increase; split in home price trends based on location; signs of stabilization for property insurance.
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