Mortage News
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |
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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 |