News analysis and perspective from National Mortgage News, an award-winning comprehensive digital resource serving the entire residential mortgage industry.

2022年10月24日 · The top five banks in our ranking have a combined MSR volume of more than $15 billion at the end of Q2. Many servicers saw growth between Q1 and Q2, with one seeing growth of 42.14%.

2024年12月30日 · After a dry spell for venture capital in mortgage technology compared to the fruitful start to the decade, the appetite for innovation gained momentum in the second half of 2024.Widespread advancements in automation, especially with artificial intelligence, combined with a return to profitability for many companies and a growing willingness to go digital, threw the spotlight — and investor ...

2024年12月23日 · United Wholesale Mortgage was accused by Hunterbrook, a venture capital-backed outlet, of holding brokers captive via its All-In Initiative and overcharging borrowers by hundreds of millions of dollars.A suit related to the investigation followed soon after. The lengthy article and its attached research points to over 8,000 independent mortgage brokers who sent 99% or more of their loans to ...

2024年12月2日 · As we head into 2025, the outlook for correspondent lending remains cautiously optimistic, though challenges persist. While many hope the most turbulent market volatility is behind us, uncertainty remains — particularly around interest rates.The direction of the market in the year ahead will depend largely on where rates ultimately settle.

More "Airbnb-style" rental property loans are making their way into non-qualified mortgage securitizations and could they be acting differently from the traditional non-owner occupied loans, a Standard & Poor's report asks.

2024年12月30日 · In 2023, Rithm, which has been shifting its business model to be more of an asset manager, filed a new confidential statement with the SEC. Rithm has acquired Sculptor Capital Management and Specialized Loan Servicing, along with an affiliate becoming the external manager of what was formerly known as Great Ajax. Michael Nierenberg, Rithm CEO, chairman and president, told analysts on the ...

2023年10月17日 · The top five banks in this list have a combined mortgage servicing volume of more than $26 billion at the end of the first quarter of 2023. Most banks saw a decrease between Q4 and Q1, but one saw a small rise of 7.91%.

2024年12月23日 · UWM files suit against creator of Facebook group for brokers. Article by Maria Volkova. United Wholesale Mortgage is sued Ramon Walker, owner of brokerage Client Direct Mortgage and creator of a Facebook group dubbed "Rocket Pro TPO vs. UWM," for trademark infringement and not paying an outstanding early payout balance of $124,011.37.. In December 2023, UWM sent a cease-and-desist, warning ...

2024年2月27日 · The top five lenders in the ranking have an average mortgage origination volume of more than $7.4 billion as of the end of the fourth quarter of 2023.