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LoanScorecard has announced its expanded partnership with New Penn Financial, launching AUS for the Correspondent Division’s SMART series products
New Penn Launches LoanScorecard’s Portfolio Underwriter
LoanScorecard has announced its expanded partnership with New Penn Financial, launching AUS for the Correspondent Division’s SMART series products. New Penn’s National Correspondent Division offers a proprietary line of non-QM products,... Read more
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago
Ginnie Mae’s MBS Portfolio Tops $2 Trillion
Ginnie Mae’s mortgage-backed securities (MBS) portfolio has reached $2.008 trillion in unpaid principal balance, up from $1 trillion just eight years ago.   “The fact that Ginnie Mae has reached $2 trillion in outstanding principal... Read more
No Contest: Why LO’s Can Win Big by Switching from Retail to Wholesale
Mortgage Brokers are the future of the residential origination business. They are the best option for a borrower to get a mortgage, the best partner for a Real Estate Agent, and broker shops are the best place for a Loan Originator to work... Read more
ARMCP Hits 1,600 Member Mark, Nears Official Site Launch
Having just reached the milestone of 1,600 members, the Association of Residential Mortgage Compliance Professionals (ARMCP) is now also nearing completion of its new Web site, a state-of-the-art site designed specifically to fulfill the... Read more
Meet Your New MBA President and CEO: Robert Broeksmit
This month, the Mortgage Bankers Association (MBA) welcomes a new executive to the top position in the industry’s leading trade organization. Mortgage industry veteran Robert Broeksmit has been selected to serve as MBA President and Chief... Read more
ACES Risk Management (ARMCO) has announced the release of the quarterly ARMCO Mortgage QC Trends Report, providing loan quality findings for mortgages reviewed by ACES Audit Technology during the first quarter (Q1) of 2018
ARMCO Report: Critical Defects Shift Significantly From Q1
ACES Risk Management (ARMCO) has announced the release of the quarterly ARMCO Mortgage QC Trends Report, providing loan quality findings for mortgages reviewed by ACES Audit Technology during the first quarter (Q1) of 2018. The report’s... Read more
Finicity has announced that it has been selected as a third-party service provider for the new Freddie Mac Loan Advisor automated income and asset assessment capabilities
Finicity Partners With Freddie Mac
Finicity has announced that it has been selected as a third-party service provider for the new Freddie Mac Loan Advisor automated income and asset assessment capabilities, which provide a faster, easier way for lenders to verify loan... Read more
The Mortgage Bankers Association (MBA) has honored Rich Bennion, Executive Vice President of HomeStreet and HomeStreet Bank with its Andrew D. Woodward Distinguished Service Award
HomeStreet EVP Honored With MBA’s Woodward Distinguished Service Award
The Mortgage Bankers Association (MBA) has honored Rich Bennion, Executive Vice President of HomeStreet and HomeStreet Bank with its Andrew D. Woodward Distinguished Service Award. The Award is presented in recognition of dedication and... Read more
The Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae have announced the launch of Mortgage Translations
Government Agencies Launch Portal for Non-English Borrowers
The Federal Housing Finance Agency (FHFA), Freddie Mac and Fannie Mae have announced the launch of Mortgage Translations–a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors, and other real... Read more
First American Mortgage Solutions, part of the First American family of companies, has announced the launch of its eClosing solution, designed to securely deliver digital settlement for digital mortgage
First American Mortgage Solutions Launches New eClosing Solution
First American Mortgage Solutions, part of the First American family of companies, has announced the launch of its eClosing solution, designed to securely deliver digital settlement for digital mortgage. The platform is part of First... Read more