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2023 Top Mortgage Lenders - Scotsman Guide

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Planet acquires Platinum Home Mortgage Corporation

Sales, QC, Verification, Benchmarking Tools; FEMA and Disaster Updates Continue

I just looked at the balance of my checking account: $LMAO.00. Here’s a tip of the day to keep your bank account from going to $0 with this non-mortgage information from the FBI: Don't use free public phone charging stations in airports, hotels, and shopping centers. And be careful any time you receive a phone call from a supposed law enforcement official. For some mortgage information, Curinos calculated that March 2023 funded mortgage volume decreased 53 percent YoY and increased 46 percent MoM. The average 30-year conforming retail funded rate in March was 6.36 percent, 19bps higher than February and 238bps higher than the same month last year. (Curinos sources a statistically significant data set directly from lenders to produce these benchmark figures, and the data is examined further here.) Today’s podcast can be found here and is sponsored by SimpleNexus, an nCino company and award-winning developer of mobile-first technology for the modern mortgage lender.

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MISMO Names David Coleman As President

MISMO Names David Coleman As President
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Smaller nonbanks facing "come to Jesus moment" as MSR values dip

Nonbanks leaning on MSR sales now face a supply-demand imbalance, which favors buyers and is expected to squeeze margins, especially for smaller players, regardless of whether they sell or retain servicing.

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