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Operations

Coming Up:
DealDesk: Focus on The Loan Store’s Flex Income, All-in-One Consumer NQM Solution
Webinar
May 21, 2025
1:00 PM ET
Consumer Watchdog Invites State Regulators To Dance

As regulatory roll-backs loom over financial sectors, the CFPB says consumers' financial data rights are states' to forfeit

Regulation and Compliance
Operations
Despite Losses, Rocket's Origination Volume Jumps 28% In Q3

Rocket generated $29.8 billion in net rate lock volume during Q3, a 43% increase over last year

Operations
Insurance Crisis Hits Lenders' Bottom Lines

While monthly principal, interest, and property tax obligations are up an average 15-17% since the beginning of 2020, the average monthly property insurance payment is up a staggering 52% over that same period.

Industry News
Operations
Credit Score Switch Proving Difficult Absent Agency Guidance

Panelists at MBA's annual event agree GSEs have neglected to facilitate mandatory adoption of new credit scoring models, set to take effect in the fourth quarter of 2025.

Operations
A Pleasant Surprise For RCN Capital

Preparation and opportunity diverged into one during RCN Capital’s August 2024 record-breaking month.

Operations
Sales and Marketing
Mr. Cooper Group Reports Net Income Of $80 Million

Mr. Cooper's servicing portfolio ended the third quarter at over $1.2 trillion

Analysis and Data
Operations
U.S. Down Payment Assistance Program Count Hits 2,444

The report noted a 5% increase in programs for first-generation homebuyers

Operations
Industry News
Flagstar Bank Announces Workforce Reduction Of 700 Employees

More layoffs are expected following Mr. Cooper mortgage servicing sale expected to close during the fourth quarter

Operations
A&D Mortgage Relocates To Fort Lauderdale

Non-QM lender touts move as part of expansion effort

Non-QM
Operations
Mortgage CFOs, CIOs: Rate Relief A Long Way Off

Eager for relief but fearing further losses, industry executives offer insights on a volatile mortgage market in transition.

C-Suite Strategies
Operations
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Adapt Or Die
Breaking Barriers
Frankly, She Did It Herself
NMP, Mortgage Banker,
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