VOTE FOR US Vote for Us We are proud to share that Note Servicing Center has been officially nominated for the Best of Notes 2025 Awards. With more than 40 years of continuous service in the note industry, this recognition reflects long-standing [...]
The hunt is on for ways to reduce operating expenses as rates increase further and lenders adapt to noticeably slimmer profit margins. In a recent Interview with Sara Kodikara, a Senior Professional of Product Management at CoreLogic, she highlighted that one of the major [...]
The Federal Housing Administration (FHA) is addressing the affordability challenge by increasing supply, but it hasn't yet started to reduce the costs it charges borrowers. At a news conference on July 14, senior officials from the Department of Housing and Urban Development, which houses [...]
One concern associated with the housing market for 2020–2024 was that if inventory channels broke to all-time lows, home prices could increase more quickly during this time than they did during the preceding expansion. Logan Mohtashami, a housing data analyst, discussed the importance of [...]
Non-QM product options are becoming more popular as lenders try to change their strategy in the face of almost no refinancing activity. In light of this, the Executive Vice President of Production at Angel Oak Mortgage Solutions, Tom Hutchens, stated during a recent discussion [...]
Some people are anxious that mortgage credit lending will become stricter as recession talk gets more common. This generally occurs during a recession, but since there hasn't been a credit boom from 2008 to 2022, the idea that credit lending in America will collapse [...]
For mortgage loans to be eligible for sale to Freddie Mac or Fannie Mae, the Federal Housing Finance Agency (FHFA) recently announced that mortgage lenders will need to include in loan packets the Supplemental Consumer Information Form (SCIF), which registers a borrower's language preference. [...]
The secondary market offers a fantastic chance to pursue higher margins, more competitive pricing, and enhanced profitability in today's competitive environment. However, this area also poses difficulties for America's small-scale lenders. Despite the crucial role that small and midsize lenders play in the $4 [...]
The housing disaster keeps happening. The number of existing-home sales for April was 5.41 million, according to the National Association of Realtors (NAR), which decreased 8.6% from last year and 3.4% from the previous month. However, the savagely unhealthy data point showed that housing [...]
Innovative approaches have emerged due to an increasingly digitalized environment, simplifying operations for everyone, including mortgage lenders. However, how lenders can gauge the success of their fintech solutions and what they can do to keep up with the digital mortgage revolution is a great [...]
