Author: Michael Gersitz

Rohit Chopra Affordable housing and consumer advocates hailed Rohit Chopra’s confirmation as Consumer Financial Protection Bureau director, but industry stakeholders hope the watchdog agency will not catch them off guard. The mortgage industry widely expects the CFPB to increase enforcement

Servicers’ forbearance portfolio volume declined at a faster pace last week, as mortgage holders exit COVID-19 plans, according to the Mortgage Bankers Association (MBA). And exits are expected to pick up the pace even more over the next few weeks.

There is still ample opportunity in the market for lenders to rope in refi business, according to a quarterly report published Monday by Sales Boomerang. And the reason for this is two-fold. The report – which is compiled using data sourced

Over half of Realtors said that social media was their top lead-generating technology tool, according to a new survey report from the National Association of Realtors. The most popular social media app among the random sample of Realtors surveyed was

The secondary market for mortgage servicing rights, or MSRs, has been heating up recently as interest rates tick up, increasing the value of MSR assets, and as other revenue streams for lenders begin to slow — such as loan refinancing.

In several previous articles I have opined that an increase in mortgage rates may be our only hope for slowing the escalation of home prices that we’ve been experiencing for the past year. With mortgage rates hitting above 3% last

Zillow on Thursday completed its $500 million acquisition of ShowingTime, which real estate agents use to schedule home viewings, as federal regulators did not extend their window to review the deal. The Seattle-based home listings platform had announced buying the

Despite record-high home prices, home equity may not save some borrowers in forbearance from foreclosure, according to a Black Knight’s report published Monday. Since 2010, around 10% of borrowers with more than 120 days in delinquency were referred to foreclosure,

If you were tasked with defining the word “leadership,” how would you explain what it means? The word encapsulates so much, and yet according to Merriam-Webster, it can be summed up as “the power or ability to lead other people.”

PennyMac announced this week that it is upping conforming loan limits by almost 14% through broker and correspondent channels. According to PennyMac, for a one-unit property a borrower could receive $625,000, an increase of almost $75,000 from the maximum loan

Pending home sales rose in August, following two consecutive months of decline, according to the National Association of Realtor’s pending home sales index report released on Wednesday. And homebuyers with flexibility are keen on more moderately priced regions within the

With the purchase market becoming a primary emphasis for lenders in 2021, HousingWire sat down with CreditXpert VP of Marketing Mike Darne to talk about credit trends in a purchase market and how that impact lenders’ pipelines. HousingWire: We know