Texas storm deflates mortgage application numbers

Mortgage applications decreased 11.4% from one week earlier, according to data from the Mortgage Bankers Association’s weekly survey for the week ending Feb. 19. It’s the lowest level applications have fallen to since December 2020. Activity decreased across the board, with the unadjusted index (-10%), … Continue readingTexas storm deflates mortgage application numbers

How servicers can stay ahead of Biden’s potential regulatory changes

As we move further into 2021, servicers continue to face the ongoing effects of forbearance and foreclosure moratoriums while also anticipating the changes that may take place as a result of the new administration in Washington. Among these unknowns are changes that could affect lender-placed … Continue readingHow servicers can stay ahead of Biden’s potential regulatory changes

How servicers can stay ahead of Biden’s potential regulatory changes

As we move further into 2021, servicers continue to face the ongoing effects of forbearance and foreclosure moratoriums while also anticipating the changes that may take place as a result of the new administration in Washington. Among these unknowns are changes that could affect lender-placed … Continue readingHow servicers can stay ahead of Biden’s potential regulatory changes

CoreLogic adds digital title processing platform

CoreLogic announced last week the launch of a title and closing product, a digital platform designed to help lenders by automating dozens of manual steps. It’s another push by CoreLogic toward an end-to-end digital mortgage workflow, and to simplify the entire collateral underwriting process. Typically, … Continue readingCoreLogic adds digital title processing platform

CoreLogic adds digital title processing platform

CoreLogic announced last week the launch of a title and closing product, a digital platform designed to help lenders by automating dozens of manual steps. It’s another push by CoreLogic toward an end-to-end digital mortgage workflow, and to simplify the entire collateral underwriting process. Typically, … Continue readingCoreLogic adds digital title processing platform

Do higher mortgage rates mark the end of the refi wave?

We may never again see a year like 2020. That’s somewhat somber news for the lenders who benefited from a series of downright strange conditions to generate more refi business than anyone in March could have imagined. Both Fannie Mae and Freddie Mac reported that … Continue readingDo higher mortgage rates mark the end of the refi wave?