Forbearance requests slow to a trickle, Black Knight says

Requests for help from borrowers have slowed with the total number of mortgages in forbearance at about 4.8 million, Black Knight said on Thursday. Only 7,000 mortgages entered forbearance this week, Black Knight said. “Volumes of forbearance plans have flattened, and in fact new inflows … Continue readingForbearance requests slow to a trickle, Black Knight says

Forbearance requests slow to a trickle, Black Knight says

Requests for help from borrowers have slowed with the total number of mortgages in forbearance at about 4.8 million, Black Knight said on Thursday. Only 7,000 mortgages entered forbearance this week, Black Knight said. “Volumes of forbearance plans have flattened, and in fact new inflows … Continue readingForbearance requests slow to a trickle, Black Knight says

Fannie Mae issues lender letter on self-employment income

Fannie Mae issued a lender letter on Wednesday with additional requirements for borrowers who are self-employed.  “Income from a business that has been negatively impacted by changing conditions is not necessarily ineligible for use in qualifying the borrower,” the letter said. “However, the lender is … Continue readingFannie Mae issues lender letter on self-employment income

Fannie Mae issues lender letter on self-employment income

Fannie Mae issued a lender letter on Wednesday with additional requirements for borrowers who are self-employed.  “Income from a business that has been negatively impacted by changing conditions is not necessarily ineligible for use in qualifying the borrower,” the letter said. “However, the lender is … Continue readingFannie Mae issues lender letter on self-employment income

Redfin begins mortgage lending in Arizona, Delaware, New Hampshire

Redfin, which restarted its home-buying business earlier this month after pausing in March, is now fully back in expansion mode. The online real estate brokerage announced Friday that it is expanding its mortgage lending operations into three new states. Redfin launched its mortgage lending operations in January … Continue readingRedfin begins mortgage lending in Arizona, Delaware, New Hampshire

Redfin begins mortgage lending in Arizona, Delaware, New Hampshire

Redfin, which restarted its home-buying business earlier this month after pausing in March, is now fully back in expansion mode. The online real estate brokerage announced Friday that it is expanding its mortgage lending operations into three new states. Redfin launched its mortgage lending operations in January … Continue readingRedfin begins mortgage lending in Arizona, Delaware, New Hampshire

Brian Brooks takes over as Comptroller of the Currency, lays out plans for banking regulator

Just two months after joining the Office of the Comptroller of the Currency as chief operating officer and first deputy comptroller, Brian Brooks has now ascended to the top job at the banking regulator. On Friday, Brooks officially became the acting comptroller of the currency … Continue readingBrian Brooks takes over as Comptroller of the Currency, lays out plans for banking regulator

Brian Brooks takes over as Comptroller of the Currency, lays out plans for banking regulator

Just two months after joining the Office of the Comptroller of the Currency as chief operating officer and first deputy comptroller, Brian Brooks has now ascended to the top job at the banking regulator. On Friday, Brooks officially became the acting comptroller of the currency … Continue readingBrian Brooks takes over as Comptroller of the Currency, lays out plans for banking regulator

Insellerate founder/CEO to speak at June’s engage.marketing summit

In today’s lending environment, interacting with prospective and current borrowers requires more than a phone call or email. Now it’s about tapping into new media channels like social media and text to reach consumers where they’re most active online. That’s the crux of what Josh … Continue readingInsellerate founder/CEO to speak at June’s engage.marketing summit

Insellerate founder/CEO to speak at June’s engage.marketing summit

In today’s lending environment, interacting with prospective and current borrowers requires more than a phone call or email. Now it’s about tapping into new media channels like social media and text to reach consumers where they’re most active online. That’s the crux of what Josh … Continue readingInsellerate founder/CEO to speak at June’s engage.marketing summit