Overall nonprime mortgage servicing portfolios remained steady in the second quarter despite some sizeable increases at some servicers. (Includes data table.)
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Investor demand for non-QMs is outpacing originator production, according to industry experts who spoke last week at the California MBA western secondary market conference.
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Michael Fratantoni, chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association, forecast a growth in new construction loans in the coming year.
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Lenders increased their origination volume for ARMs in the second quarter of this year after a lull in lending in the first three months. (Includes data table.)
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HEI business leaders discussed their unique approaches to home equity contracts during a recent webinar hosted by the Information Management Network.
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