New Mortgage Bankers Association data expose a pronounced cost dispersion across lenders, with a roughly $6,350 per-loan gap between top and bottom cost quintiles. That spread highlights stark differences in operating efficiency and product/channel economics that directly affect net margins. The variance likely reflects [...]
Berkshire Residential Investments takes full ownership of MF1, expanding multifamily lending capabilities and strategic capital access for private lenders.
Florida Realtors' $10M effort to promote property-tax relief could shift homeowner affordability, valuation and demand—key implications for private lenders.
Lenders are not permitted to mix Classic FICO scores and VantageScore 4.0 on the same loan file. That rule requires originators to select one scoring model and apply it consistently across all bureau pulls used for underwriting, pricing and automated underwriting responses. Mixing models [...]
Bullseye 90’s expansion to include eligible jumbo loans represents a meaningful broadening of a previously more limited product set. The change enables originators to offer higher‑balance mortgages under the Bullseye 90 framework, giving brokers and retail lenders a familiar product pathway for borrowers who [...]
The Agency has expanded its global branch network by opening 27 new offices, bringing its total to more than 190 locations across 17 countries. That scale reinforces its position as a sizable player in mortgage distribution and servicing, improving local access to retail and [...]
Orlando’s ascent to the top spot is rooted in a tax environment that materially shapes local housing and mortgage markets. Favorable tax policies attract inbound migration and investor activity, amplifying demand for owner-occupied and rental housing and driving higher mortgage origination volumes. The market [...]
Opendoor’s loan offering is no longer constrained to purchases of its own listings; borrowers can now use the product to finance any home purchase on the open market. The move represents a strategic expansion of a vertically integrated business model into a broad retail [...]
LiDAR and 3D tours verify square footage and reveal AI-edited photo alterations, improving collateral accuracy and risk assessment for private lenders. Ops.
CEO Mike Kortas emphasizes the importance of access for producers in the mortgage industry, advocating for equitable opportunities for all stakeholders.
