The supply of single-family mortgage debt outstanding grew just 4.3% last year, but Freddie and Fannie saw a hefty 13.3% gain from the end of 2019. (Includes two data charts.)
Read More
It stands to reason that rising rates would fuel servicing valuations. Some brokers expect a strong second quarter in sales, with the third quarter even better.
Read More
At a Senate committee hearing this week, consumer advocates called for stronger enforcement, industry representatives picked on the CFPB and Republicans and Democrats pushed different priorities.
Read More
While alternative data and artificial intelligence in the underwriting process could help reduce lending bias, consumer advocates are calling for oversight.
Read More
Plush with record earnings, loanDepot is building an inhouse servicing system, which means its current vendor, eventually, will lose business. Meanwhile, is GSE reform a possibility once again?
Read More