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Northpointe Bank to shutter its correspondent lending business

Housing Wire

Northpointe Bank , a regional bank headquartered in Michigan, will walk away from its correspondent lending business to focus on its retail lending, mortgage warehouse financing division and specialty loan servicing business. Production declined 25% to $5.49 billion in 2022 from the previous year’s volume of $7.29

Lending 362
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ServiceLink offers brokers constant communication and transparency into valuation and closing

Housing Wire

ServiceLink, which is backed by Fidelity National Financial, meets the unique needs of wholesale lenders by providing title insurance, appraisals, flood certificates and closing services. More than 50 years of title industry expertise gives ServiceLink unique insight into the needs of our wholesale clients.

Valuation 196
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How the homeowner management approach builds a moat around real estate businesses

Housing Wire

Historically, though, professionals let their clients go after the transaction is complete rather than building a moat around the client that assures future transactions. The newest prop tech applications to moat the client relationship are home management tools.

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Here’s the key to true, sustainable efficiency in the mortgage industry

Housing Wire

trillion in origination volume and a continuation of tight lending spreads. Then, by late Q1/early Q2 2021, pricing wars were erupting in various channels, margins were falling (rapidly), and the industry was getting ready for a decrease in lending activity in the back half of the year. Entering 2020 the market was expecting <$2.0

Mortgage 384