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News About Repurchase

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Found 1495 items, now showing 1 - 10

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Day 1 Certainty Cuts Loan Origination Turnaround - Shorter origination cycle...
Certainty, which helps lenders avoid repurchases, reduces the time it takes to close a loan. According to Fannie Mae, hundreds of home lenders are benefiting from improved process
www.mortgagedaily.com/stories/FannieDuTurnaround121217.asp
 
BofA Mortgage Swings to Loss as Originations Drop - MSR valuations, repurchases...
Volume by quarter since 2003. BofA Mortgage Swings to Loss as Originations Drop MSR valuations, repurchases hurt earnings ... business contracted as repurchases and mortgage-servicing
www.mortgagedaily.com/stories/BofAProduction101317.asp
 
Lead Management Lacking in Many LOS Systems - Recent LOS reports, integrations...
The share which considered audit trail tools that help in responding to repurchase requests highly effective was only 22 percent, and just 21 percent said integrated third-party
www.mortgagedaily.com/stories/Los100917.asp
 
Flagstar CEO Running Mortgage Business - Q1 originations down 31% from 3rd...
777 billion. Flagstar's repurchase pipeline has been slashed to $6 million from $16 million as of March 31, 2016. The quarter closed out with 2,948 full-time employees. The
www.mortgagedaily.com/stories/FlagstarProduction042517.asp
 
US Bank's Mortgage Investments, Servicing Grow - Q1 production down 27% from...
Repurchases fell to $7 million from $5 million in the fourth quarter. U.S. Bank operated 3,091 branches as of March 31, 2017, fewer than 3,106 three months prior. US Bank profile
www.mortgagedaily.com/stories/USBankProduction041917.asp
 
Wells Fargo's Home Lending Sinks - Q1 originations down 39% from prior quarter...
Repurchase liability has been slashed to $222 million at the end of the first-quarter 2017 from $355 million twelve months earlier. Residential loan originations from Jan. 1, 2017
www.mortgagedaily.com/stories/WellsProduction041317.asp
 
Mortgage Compliance Services Enhanced, Automated - Recent product launches...
California-based firm said the solution helps cut repurchase risk related to vendor due diligence issues by enabling continuous oversight of thousands of counter parties. next
www.mortgagedaily.com/stories/Compliance040317.asp
 
Walter Slashes Servicing, Swings to Profit - Q4 mortgage originations unchanged...
of our unilateral right to repurchase such loans from Ginnie Mae , combined with an increase in the 30 to 60 day past due loans as previously discussed." Last year concluded with
www.mortgagedaily.com/stories/WalterProduction031417.asp
 
YOY Increase in Flagstar Home Lending, Servicing - Q4 mortgage originations off 7%...
There were $6 million in loans in the repurchase pipeline at the close of the latest period. Full-time employees on staff as of year-end 2016 were 2,886, five more than at the end
www.mortgagedaily.com/stories/FlagstarProduction012417.asp
 
Mortgage Originations Fall at U.S. Bank - Q4 production down 7% from prior period ...
There were $7 million in outstanding repurchase and make-whole requests as of Dec. 31, 2016, the same as three months earlier. Commercial real estate assets finished last year at
www.mortgagedaily.com/stories/USBankProduction011817.asp
 
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