A coalition of 46 independent mortgage banks (IMBs) is calling for guarantee-fee parity and a competitive cash window in a letter sent Friday to U.S. Treasury Secretary Scott Bessent and Federal Housing Finance Agency (FHFA) Director Bill Pulte. The push comes as the Trump administration signals plans to move forward with a stock offering for […]
IMBs urge Treasury, FHFA to preserve guarantee-fee parity Read More »
A long-awaited crackdown on trigger leads is on its way to President Donald Trump’s desk, but not everyone in the mortgage world is celebrating. Nestled in the bill is a provision that’s leading professionals to raise doubts about whether the measure is a consumer safeguard or a competition killer. “The act will require consumers to
Does the trigger leads bill opt-in provision wave goodbye to competition? Read More »
Lender Toolkit announced Monday the official launch of its IT services offering, designed specifically for lenders that use ICE Mortgage Technology‘s Encompass platform. Lender Toolkit is a mortgage automation technology company and the creator of the industry’s only fully integrated Mortgage Efficiency Cooperative. The company’s new IT services practice adds support for independent mortgage banks
Lender Toolkit launches IT services for ICE Encompass users Read More »
Bidding wars for producing mortgage loan officers are back with a vengeance — and it’s largely in the hopes of capitalizing on an upcoming refinance wave, recruiters and executives tell HousingWire. Just ask Candice McNaught, the senior vice president of business development and strategic initiatives at Connecticut-based Planet Home Lending. McNaught has the tough task of
Bidding wars for mortgage LOs heat up again Read More »