Total direct operational costs in servicing, a subcomponent of total expenses, increased by a few dollars per loan compared to last year as mortgage companies contended with policy change. Processing Content Systems and customer service at $36 and $33 per loan, respectively, accounted for the two largest categories of direct expense, followed by executive management […]
Servicing costs per loan climb as policy shifts bite Read More »
Real estate brokerages that use Bright MLS will see their listings appear in Google search results starting Tuesday, the company announced earlier this month. Processing Content Bright partnered with real estate data and analytics platform HouseCanary to deliver exposure on Google at no additional cost or operational efforts. The move was made possible by Google’s
Bright MLS, HouseCanary team up to boost Google visibility Read More »
Fannie Mae’s retained portfolio inched down in May ending a long run of multiple months in which it steadily rose, according to its latest report. Processing Content Fannie’s total retained portfolio dropped from $174.84 billion in April to $172.18 billion. Freddie’s fell from $141.81 to $132.22 billion. Both reprised an ongoing trend of elevation compared
Fannie’s portfolio dips, but duration gap widens Read More »