Lennar Mortgage signs on with ICE’s loan servicing system

Lennar Mortgage signs on with ICE’s loan servicing system

Lennar Mortgage, a financial services subsidiary of Lennar Corp., will move its servicing operations to the industry-leading MSP loan servicing system from ICE Mortgage Technology, ICE announced on Monday.  With Lennar already... Read more »
Lennar Mortgage signs on with ICE’s loan servicing system

Ginnie Mae seeks budget increase to manage sizable reverse mortgage portfolio

As part of the budget request submitted to Congress by President Joe Biden and the White House, the U.S. Department of Housing and Urban Development (HUD) detailed some of its hopes for... Read more »
ICE Mortgage Technology’s Sara Holtz joins Optimal Blue as CMO

ICE Mortgage Technology’s Sara Holtz joins Optimal Blue as CMO

Optimal Blue has brought on Sara Holtz, former vice president of demand marketing and communications at ICE Mortgage Technology, as chief marketing officer (CMO). Holtz will drive unified marketing and communications strategies... Read more »
‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

‘Find buyers before agents!’ Mortgage industry reacts to the NAR settlement

The National Association of Realtors (NAR) settlement of commission lawsuits nationwide is expected to force mortgage lenders and loan officers to find new ways of approaching listing agents and borrowers, give LOs... Read more »
Lennar Mortgage signs on with ICE’s loan servicing system

Guild earnings show more reverse mortgage activity after Cherry Creek acquisition

Guild Mortgage released its fourth-quarter and full year 2023 earnings report this week, showing that it narrowed its focus on purchase originations and increased its market share on the forward lending side,... Read more »
Montecito Mortgage Scam Leads to Murder, Sheriff Alleges

Montecito Mortgage Scam Leads to Murder, Sheriff Alleges

Two years ago, sheriff’s deputies found 96-year-old Violet Evelyn Alberts strangled inside her hillside home in Montecito. Last week, the Santa Barbara County Sheriff’s Department announced the arrest of three people charged... Read more »
Weekly mortgage demand jumps again

Weekly mortgage demand jumps again

CNBC’s Diana Olick joins ‘The Exchange’ to report on the rise in weekly mortgage demand. Source link Read more »
Mortgage market consolidates around largest nonbank firms: Fitch

Mortgage market consolidates around largest nonbank firms: Fitch

The largest U.S. nonbank mortgage lenders continue to gain market share as the industry consolidates and a number of smaller players exit the space due to a lack of strong franchises to... Read more »
Lennar Mortgage signs on with ICE’s loan servicing system

Are 1970s inflation and mortgage rates possible?

The CPI report came out Tuesday, and the headline number showed a 12-month inflation of 3.2%. The running average of CPI going back to 1914 has been 3.3%. So, what should we... Read more »
Lennar Mortgage signs on with ICE’s loan servicing system

HUD outlines reverse mortgage wish list in budget proposal

The White House this week submitted its fiscal year 2025 budget proposal to the House of Representatives and the Senate, outlining the priorities of the administration in providing a budgetary blueprint for... Read more »