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Freddie forecast

Mortgage originations to top $2T the next two years: Freddie Mac

Freddie Mac is now forecasting back-to-back years of $2 trillion in mortgage loan originations rather than a drop-off in 2020.Originations have not topped...
People 110119

People on the move: Nov. 1

CaliforniaSanta AnaVeros Real Estate Solutions has named Brian Fluhr vice president of marketing. In this role, he will oversee branding, demand generation and...
Mr Cooper

Mr. Cooper turns a profit, led by record mortgage volume

Record originations helped Mr. Cooper Group generate its first full-quarter profit since its formation through a merger between WMIH and Nationstar last year.But...
MBA forecast

Mortgage lending will boom through June 2020, then plummet: MBA

The boost from lower interest rates that's driving origination volume will continue into the first six months of 2020.But mortgage lenders should expect...
PointPredictive

PointPredictive tool uses AI to spot income discrepancies in loan apps

Even as mortgage loan application defects continue to decline, data inaccuracies related to income and employment are making up a greater share of...
New Residential

New Residential will double originations in 4Q because of Ditech deal

The acquisition of the Ditech forward mortgage business will double New Residential's year-to-date origination volume in the fourth quarter alone, and further double...

People on the move: Oct. 25

CaliforniaIrvineImpac Mortgage has named Tom Donatacci chief of staff, business development.Prior to joining Impac, Donatacci served as executive vice president, business development, for...
Earnings

More gains surface in mortgage-related companies’ earnings

The latest round of earnings reports from home lending businesses and vendors continue the positive vibe for the sector as most reported year-over-year...
San Francisco mortgage tech firm plans to bring 635 jobs to Denver

San Francisco mortgage tech firm plans to bring 635 jobs to Denver

Denver beat out Salt Lake City to snag another technology firm looking to escape the Bay Area's escalating costs.Snapdocs, a young tech firm...
Earnings

GSEs unveil part of new mortgage app, add language resource

The government-sponsored enterprises are moving ahead with a new mortgage application that omits a previously planned language question, but are looking to serve...

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CFPB to consider changing or eliminating TRID rule

CFPB to consider changing or eliminating TRID rule

The Consumer Financial Protection Bureau has been taking a long, hard look at some of the rules and regulations it has in place....
Daniel G. Jennings

Is Housing Crashing? — Market Mad House – Daniel G. Jennings

Scary real estate data is causing some observers to ask “is housing crashing?”In particular, the U.S. foreclosure rate rose 13% between September and...
Fannie

Fannie Mae raises origination estimates as economic outlook improves

With economic expansion expected to keep churning, Fannie Mae upwardly revised its single-family mortgage origination outlook for 2019 and 2020.In November, the government-sponsored...
Rendering of side of sleek house.

Glass house design by Alex Nerovnya is all about forest living

Russian architect Alex Nerovnya is known for his glossy renderings of gorgeous, if constructionally impractical, homes. On Instagram, he posts conceptual...

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