-
Emerging Trends in Commercial Lending: A New Era of Opportunities Explore the latest trends in commercial lending, focusing on technology-driven solutions and the rise of sustainable finance. Learn about new opportunities for businesses and lenders.
Lending (1572)
SunTrust Reports Increased Earnings
SunTrust Banks Inc. has reported net income of $726 million, or $1.56 per average common diluted share. The results include $0.14 per share the result of tax reform as well as the consolidation of SunTrust Mortgage into SunTrust Bank, which was completed in the third quarter. Diluted earnings per share increased 5%, sequentially, and 47%… Read more...
Tagged under
Corelogic Delivers Digitized Verification Tools
Corelogic is automating some what it considers the most manual, time consuming and expensive underwriting processes—through a single interface—AutomatIQ Borrower. It’s a comprehensive underwriting solution designed to help lenders streamline workflows by digitizing, standardizing and automating borrower analysis and verification. Corelogics has placed all of the borrower verification tools together into one interface. Clients will… Read more...
Tagged under
Open Doors Names It Award Winners
The Mortgage Bankers Association names the recipients of the MBA Opens Doors Foundation annual awards, which recognize those who have made lasting contributions to advance the Foundation's mission of providing mortgage and rental assistance grants to parents and guardians caring for a critically ill or injured child. The Foundation presented its annual Community Champion Award… Read more...
Tagged under
MBA’s New Chairman Outlines His Vision
[Please Note: These are prepared remarks of Chris George, who was sworn in as chairman of the Mortgage Bankers Association, during its 2018 Annual Convention and Expo in Washington, D.C., which ended on Wednesday. He is the president and CEO of CMG Financial.] It is fitting that I step into the role as your 2019… Read more...
Tagged under
Mortgage Applications Dip
Mortgage applications drop 7.1 percent from one week earlier, according to data from the Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending October 12, 2018. This week's results didn't include adjustment for the Columbus Day holiday. The Market Composite Index, a measure of mortgage loan application volume, decreased 7.1 percent on a… Read more...
Tagged under
FHFA, Fannie and Freddie Launch Mortgage Translations
The Federal Housing Finance Agency, Freddie Mac, and Fannie Mae have launched Mortgage Translations, a centralized clearinghouse of online resources to assist lenders, servicers, housing counselors, and other real estate professionals in serving limited English proficient borrowers. LEP borrowers make up a growing share of today’s mortgage market, a trend that is likely to continue… Read more...
Tagged under
Radian Rebrands Its Companies Under One Radian Model
Radian currently operates as a family of companies that includes Radian Guaranty, Radian Reinsurance, Clayton Holdings, Green River Capital, ValuAmerica, Entitle Direct, and Red Bell Real Estate. Going forward these companies will operate under the new Radian brand. The rebranding reflects the company’s strategy to offer more than just individual solutions through silos. “Unlike traditional… Read more...
Tagged under
Wells-eOriginal Deal Could Mean Wider E-Note Adoption
Wells Fargo Home Lending will now be using e-Original’s e-vault platform to accept e-notes as collateral. The decision to deploy the platform could tip the balance in favor of widespread industry adoption of the technology. One of the factors driving the the lack of adoption—Fannie Mae and Freddie Mac accepted e-mortgages, but few investors did--was… Read more...
Tagged under
Flagstar Unveils New Products, Tech Plans; Fratantoni: Origination Volume to Rise 4.2%
Flagstar Unveils New Products, Tech Plans Flagstar has unveiled some new lending products and plans some digital mortgage initiatives in 2019. “Flagstar Last Friday rolled out some new products. A standalone HELOC for brokers and correspondents. Also, it began offering construction jumbo fixed and adjustable rate mortgage loans,” said Kristy Fercho, president of mortgage for… Read more...
Tagged under
MIAC Names New Head of Borrower Analytics
The Mortgage Industry Advisory Corp. has hired Dick Kazarian to serve as director of the borrower analytics group. MIAC provides pricing, risk management and accounting solutions to mortgage and financial services companies. Kazarian has more than 20 years of experience in designing, developing, validating, and marketing quantitative models. These include empirical behavioral models across a… Read more...
Tagged under
MOST READ STORIES
Fast,Easy & Free
