Remove Branding Remove Closing Remove Mortgages
article thumbnail

Navigating movement in the mortgage industry series: Post-closing matters are important too

Housing Wire

Introduction As part of our ongoing discussion on the concept of movement in the mortgage industry, it is readily apparent that the failure of mortgage companies to pivot or tweak their business models to satisfy changing market and other conditions has resulted in consolidation based on liquidity, buyback, financial and other concerns.

article thumbnail

Navigating movement in the mortgage industry series: Due diligence in mergers and acquisitions

Housing Wire

There is constant movement in the mortgage industry with the desire for growth and expansion. Thus, it has never been more important to focus on due diligence in analyzing a mortgage industry acquisition target. Regulatory compliance The mortgage industry is heavily regulated and subject to scrutiny by both State and Federal agencies.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mortgage subservicing is having a makeover moment

Housing Wire

The answer lies in a remote corner of the mortgage industry: subservicing. This business which involves handling mortgage payments, borrower communication and escrow administration on behalf of lenders has undergone consolidation. Meanwhile, MSR player Bayview Asset Managemen t is in M&A talks with Guild Mortgage.

Mortgages 339
article thumbnail

FinLocker says it will cover 100% of mortgage verification costs

Housing Wire

Self-branded “financial fitness” platform FinLocker announced Wednesday that it will cover 100% of the verification costs for mortgage borrowers who use lenders’ FinLocker-powered apps. This is about fundamentally transforming how the mortgage ecosystem works together.” ”

Mortgages 316
article thumbnail

What it’s like connecting reverse mortgage professionals with forward lending partners

Housing Wire

Over the past year, members of the reverse mortgage industry have been making a more concerted effort to connect with their counterparts in the forward mortgage space. And some reverse-only companies have aimed to establish firmer ties with the much larger forward mortgage industry.

Lending 378
article thumbnail

A closer look at investor attitudes and trends in reverse mortgage stocks

Housing Wire

With several top 10 reverse mortgage lenders now active in some form within the U.S. Executive leaders there pointed to the performance of the company’s proprietary loan products and trends in the Home Equity Conversion Mortgage ( HECM ) space as favorable.

Investor 368
article thumbnail

Empower Mortgage names Goertzen chief growth officer

Housing Wire

Empower Mortgage , part of the Equity Prime Mortgage family of brands, has appointed Rogelio Goertzen as its chief growth officer. Goertzen, the founder of Hispanic Organization of Mortgage Experts (HOME), said in a statement that for many first-generation Americans, homeownership represents more than just buying a house.

Mortgages 318