All

Oct 24, 2024
Cooling Front Hits Housing Market: Profit Margins Dip Nationwide
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
CSBS Urges MLOs To Update License Registrations

NMLS updates that have taken effect prior to the Nov. 1 opening of the annual license renewal period include new a login process requiring users to update their username and password and establish account recovery details.

Regulation and Compliance
Home Equity Loan Volume Soars, Jumbo Loans Sink

CoreLogic provides data on home equity and jumbo loan origination volume for the first half of 2024

Analysis and Data
Majority Of Homebuyers Have Concerns About Lender AI

60% of survey respondents said lender AI is a deal-breaker, Cloudvirga reports

Tech
Analysis and Data
Existing-Home Sales Slid 1% In September

Sales dipped 3.5% from a year ago

Analysis and Data
Mortgage Application Volume Falls By 6.7% Week-Over-Week

Refinance application volume 8% lower from week prior, 90% higher year-over-year

Analysis and Data
PennyMac Financial Reports Third Quarter Income Of $69.4 Million

The company saw direct-to-consumer and broker originations rise but servicing revenues fall, as rates declined from July to September.

Analysis and Data
Hometap Appoints New Chief Financial Officer

Tom Egan takes on the role, reporting to Hometaps's Chief Executive Officer, Jeffrey Glass.

People On The Move
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