Lenders retained servicing rights on 57% of August volume — up from 53% the prior two months — as tighter execution spreads and rising MSR values reshaped the sell/retain calculus, even as August lock volume fell across the board on a 47% annual drop in rate-and-term refis, Optimal Blue said. Processing Content While conforming rates […]
MSR retention hits 57% share: benchmark your sell strategy Read More »
A Better Home & Finance executive who helped the digital lender rebound to billion-dollar origination volume will lead a new lender and real estate platform. Processing Content Chad Smith was appointed CEO of Envoy Mortgage and president of real estate platform PLACE’s mortgage and financial services division, the companies announced Tuesday. The veteran industry leader
Better exec tapped to lead PLACE, Envoy Mortgage operations Read More »
NEXA Lending announced on Tuesday that it has named Geri Farr chief executive officer as founder Mike Kortas transitions from the CEO role to executive partner, a move the company says is designed to separate day-to-day operations from longer-term growth and innovation. Kortas had teased the news during an appearance on the HousingWire Daily podcast,
NEXA Lending names Geri Farr CEO, Mike Kortas moves to executive partner Read More »