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2020 HW Tech Trendsetter: Paul Akinmade

Housing Wire

Within four years, Akinmade and his team have built a robust, automated marketing platform, which is driven by investment in technology, to give retail loan officers a competitive edge. The post 2020 HW Tech Trendsetter: Paul Akinmade appeared first on HousingWire.

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Loan buybacks haven’t disappeared, but they are trending down

Housing Wire

Policing loans Even as the agencies have become more aggressive in loan repurchases in the past several years, particularly in the wake of record origination volumes in 2020 and 2021, data seems to indicate that lenders have also become more vigilant in policing loan originations to ensure quality control (QC).

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What mortgage lenders need to know about wholesale

Housing Wire

DS: The growth of the channel has been significant, especially in terms of technology. UWM is focused and committed to building custom technology specifically for independent mortgage brokers. In 2020 and 2021 when refinances were booming, we saw every lender thriving. HW: How has wholesale changed over the past 2–3 years?

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How outsourcing gives lenders an advantage in 2021’s purchase market

Housing Wire

Computershare Loan Services , a global mortgage services provider, delivers complete end-to-end fulfillment services that help lenders manage overhead with highly trained processors, underwriters and closers. The right partnership starts with technology that is designed to play well with others. “Our Outsourcing offers many benefits.

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Rocket Mortgage prepares for a slowdown

Housing Wire

billion in closed loans in the first quarter of 2020, more than double its originations in Q1 2020. billion, a dramatic increase from the $99 million in profit the first quarter of 2020. billion in the first quarter of 2020. billion through its TPO channel, and its gain-on-sale margin was 1.93%, up from 0.79% in Q1 2020.

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Interfirst, the phoenix of mortgage, lays off hundreds

Housing Wire

“Market dynamics in early 2020, which have caused significant disruption to the origination and servicing markets, accelerated our plan to reenter the market with our new business model in a more robust way with a broader relaunch of the Company,” Mark Freedle, Interfirst’s executive vice president of production, told MReport in July 2020.

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Interfirst Mortgage to lay off nearly 50 LOs

Housing Wire

At the time, Mark Freedle, executive vice president of production at Interfirst, said in a statement that the company’s “broker-centric approach offers the technology, competitive products, pricing and service to help our broker partners build and grow successful.”. Interfirst, which claimed to have originated $1.65

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