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Jane Mason

Be honest … do you still use spreadsheets?

So, servicers say they don't use spreadsheets anymore. Really?When receiving the report of loans to be onboarded that wasn't anticipated, are your systems...
Fannie Mae

Mortgage lenders prefer spending on consumer-facing tech upgrades

Mortgage lenders prefer to invest in improvements to their consumer-facing technology because it offers a better return than similar spending on back-end processes,...
Mortgage banking revenue at U.S. Bancorp

U.S. Bancorp’s mortgage growth a good sign for banking

U.S. Bancorp’s third-quarter results serve as a reminder that a lower interest rate environment can have a silver lining: mortgage growth, especially in...
Troy Baars

The benefits of the digital mortgage for hedging are not clear

Digital is today's mortgage lending watchword. Stem to stern, every aspect of the mortgage process has felt either a direct or ripple effect...
Freddie Mac extends Servicing Gateway deadline, adds chargeoff rules

Freddie Mac extends Servicing Gateway deadline, adds chargeoff rules

Freddie Mac is postponing the date it will make using its Servicing Gateway platform mandatory, and adding new requirements related to chargeoffs and...
5 emerging tech hubs where digital mortgage pros can afford to buy a house

5 emerging tech hubs where digital mortgage pros can afford to buy a house

Migration patterns continue to shift as homebuyers seek properties in reasonable...
Non-QM

Education needed to boost non-QM lending even with patch’s end

Non-qualified mortgage originations have been on a growth spurt the last two years, growth that has been underpinned by standardization of product terminology...
Quicken pushes out eClosing capabilities to all 50 states

Quicken pushes out eClosing capabilities to all 50 states

Quicken Loans is now able to perform an electronic mortgage closing in all 50 states, claiming to be the first lender to have...
Digital mortgage

Vista considers sale of stake in Mortgagebot parent Finastra

Vista Equity Partners is considering the potential sale of a stake in Finastra in a deal that could value the financial technology company...
Judge rules on Ocwen's motion to dismiss Florida lawsuit

Judge rules on Ocwen’s motion to dismiss Florida lawsuit

A federal judge granted in part and denied in part Ocwen Financial's motion to dismiss Florida regulators' case against the company, the last...

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Another conduit pool gets a slice of $1B Grand Canal Shoppes loan

Another conduit pool gets a slice of $1B Grand Canal Shoppes loan

A nearly $1 billion mortgage loan for a luxury Las Vegas retail center is again the centerpiece of a major-bank CMBS transaction. According...
Only 25 percent of homes that were up for sale in 2018 were affordable to the median African-American household

Median African-American Household Can Only Afford 25 Percent of For-Sale Homes

Only 25 percent of homes that were up for sale in 2018 were affordable to the median African-American household, according to new data...
Paul Wesley Buys Topanga Property – Variety

Paul Wesley Buys Topanga Property – Variety

October 15, 2019 11:48AM PT An in-the-know property snitch swears Paul Wesley, best known for his long-running role...
How Do Water Leak Detectors Work?

How Do Water Leak Detectors Work?

How do water leak detectors work? How new technology uses artificial intelligence to detect water leaks and prevent water infiltration. Several months ago, we...

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