#mortgage-industry

#mortgage-industry

The series, which expands upon Logan's preexisting non-QM offerings, involves seven specialized Non-QM mortgage solutions designed to help brokers and correspondents serve borrowers who fall outside conventional lending guidelines.

Overall, unpaid principal balance (UPB) remains relatively flat year over year across all loan types, standing at $8.964 trillion as of July 2025.

FAPA aims to prevent abusive foreclosure practices by putting stricter time limits on when lenders can refile foreclosure cases.

The latest issuance consists of 1,039 residential mortgages, averaging a credit score of 750 and a loan-to-value ratio of 70, showcasing the strength in our portfolio.

It is bittersweet to fulfill the plan we always shared to grow EPM together, but they say a legacy only ends when we stop talking about those who have passed.

Lower's lawsuit points to a pattern of aggressive employee recruitment within the mortgage industry, particularly highlighting claims of trade secret violations and poaching.

It took Palantir's technology 10 seconds to detect fraud in two of these files, compared to 60 days for our talented investigators.

Nicole Yelland discussed how women in the mortgage industry often resort to uncomfortable heels, highlighting a gap in stylish yet professional footwear options for them.

"On Monday, a U.S. appeals court restored a temporary block on the mass layoffs, allowing employees to keep their jobs for the time being."

The mortgage industry accounted for 1.2% of all VantageScore usage last year, compared to 3.2% in 2023.

Flanagan's move comes shortly after a significant leadership shakeup at loanDepot, reflecting the ongoing challenges in the mortgage industry and the demand for strategic financial leadership.

In 2024, 68% of firms in MBA's survey posted pretax net profits, which increased from 36% in 2023, reflecting improved performance in the mortgage market.

Housing industry pros are largely supportive of the raft of changes the Federal Housing Administration made related to the COVID-19 era loss mitigation waterfall.

It has been the honor of my professional life to be the founder and leader of Republic State Mortgage Co. for the past 31 years, Wagnon said. I am grateful to pass the reins to Andrina who, along with the talented team she is bringing on board, will continue to uphold the high standards that have become synonymous with Republic.

The broker mentality is, I'm just gonna pay on split and I'm gonna do an 80. They actually do recruiting videos and recruiting calls. It's blatant.

The primary benefit is the substantial savings passed on to consumers, Wilner said. On average, borrowers save more than $1,000 per transaction.