HW+ provides career-making insights and analysis for those in Mortgage, Real Estate and FinTech. This long-form digital content provides members with news nowhere else and digs deeper into the “why” behind the daily news cycle. To join the HW+ community, click here.
Uncovering the hidden costs of investor reporting in mortgage servicing
Cost optimization is key to creating success in the world of mortgage servicing. Mortgage servicers have dedicated significant resources in pursuit of optimized processes and prices, as every fraction of the cent saved contributes to the bottom line. Servicers are laser-focused on enhancing throughput efficiency, applying advanced technology to automate and streamline every step from loan origination to payment processing. But there’s an important area of industry that often goes overlooked: the investor reporting function.
Optimal Blue: Rate-and-term refis soar 70% in August
Borrowers rushed to refinance in August as mortgage rates eased, pushing rate-and-term lock volume up 70% from July, according to Optimal Blue’s Mortgage Market Advantage report.
Longbridge’s Bill Packer on crafting AI that’s inclusive of seniors
Longbridge COO Bill Packer talks about inclusive AI use for older users and customers as the company develops its tools.
NAHB encourages ‘practical’ renovations for aging in place
Aging-in-place renovations are popular, and NAHB offered some advice for “practical” applications on new projects.
PHH Mortgage expands partnership with Blend Labs
The expanded partnership entails PHH Mortgage’s adoption of Blend’s Rapid Refi and Rapid Home Equity products.
Coldwell Banker Realty adds California agent, team members
Erick Fernandez has built his practice at EF Homes on transactions bridging Silicon Valley and the Santa Cruz region.
Rechat marks 10 years with revenue growth, new features, expanded team
The company reported a 100% year-over-year revenue increase and a 220% jump in its customer base over the same period.
Keller Williams faces another telemarketing lawsuit
Plaintiff Sydney Thayer filed her suit on Thursday in U.S. District Court in Rochester, New York. The suit is seeking class action status.
