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Media, PA (PRWEB) June 02, 2023 -- Media, Pa. – June 2, 2023 – A member of the leadership team of Title Alliance, a national real estate title & escrow
During the 19 th annual National Settlement Services Summit (NS3) in St. Louis, June 6-8, speakers include Ruth Dillingham, owner, Dillingham Consulting LLC, and a representative of the MISMO Title and Closing Community of Practice. She will share about new initiatives MISMO is engaged in that will make a difference in the working relationship between and among mortgage and title professionals. Read on to learn more.
Did you know that cows snooze laying down for the four hours of sleep they need a day? Did you know that horses sleep standing up? These tidbits may come in handy for me this week as I head to Cody, Wyoming for the WMLA annual conference. Or they may not. Here’s a question not so trivial: what has 250,000 customers and a $37 billion unpaid principal balance? Answer: Rushmore Loan Management Services’ residential mortgage servicing platform, being sold to Mr. Cooper Group this year. Recall that Mr. Cooper agreed to acquire Roosevelt Management Company, LLC, Rushmore's parent company, to serve as the platform for its mortgage servicing rights fund asset management strategy. Lenders of all shapes and sizes have been selling their MSRs for various reasons, not the least of which is to raise cash in tough times, and it appears that “tough” times will be with our industry for a while. For many lenders, servicing is the only asset worth anything. Depository banks know a thing or two about assets, and the big are getting bigger: JPMorgan Chase & Co. submitted the winning bid for First Republic Bank in an auction being run by U.S. regulators. (Today’s podcast can be found here and is this week’s is sponsored by Blend. Want to power a better lending journey from application to close? Find out how their digital end-to-end mortgage experience can help you reach your business goals.) Lender and Broker Software, Services, and Products Foodies hoping to live on the wild side may one day get a taste of wooly mammoth thanks to an Australian cultivated meat company. Unable to adapt to their changing environment, these beasts went extinct millennia ago. Fortunately, SimpleNexus, an nCino company, ensures industry evolution beyond prehistoric point-of-sale solutions. Watch to learn how Alterra Home Loans has embraced a solid tech consolidation strategy and SimpleNexus’ end-to-end product suite to enhance borrower engagement, loan officer productivity, origination efficiency, and digital closing convenience. Want to overcome the efficiency challenges plaguing your tech stack? SimpleNexus is up for the “tusk.”
/PRNewswire/ -- Bank Shot (getbankshot.com) has stormed the market as a faster, safer and more affordable way to send earnest money, down payments and other...
Yes, it’s already Tuesday. Are we at the top of the market? A pair of Goldman Sachs-backed ventures gobbled up an entire rental home community in Florida last month for $45 million, according to reports. Lenders everywhere keep one eye on housing trends, and every Friday at 3PM ET I do a Zoom show with Rich Swerbinsky for The Mortgage Collaborative discussing current events in finance and housing. I try to have fun backgrounds. In Friday’s show, however, at the 6-minute mark the wild horse in the hills above Reno decided he was done with the filming. And then there was the lunging horned toad at 32:30; fortunately, I outweighed it. Speaking of weak segues, “Demand continues to outweigh supply, with the number of potential buyers currently 61% higher than the five-year average. Meanwhile, the level of homes for sale is 37% lower than normal. But the number of properties being put up for sale is beginning to increase. The number of new listings in the four weeks to 22 May were 7% higher than the five-year average.” In the United States? Nah. The United Kingdom. So we’re not alone in the world. (Today’s podcast is available here and this week’s is sponsored by Change Wholesale with its proprietary Community Mortgage program. There are no bank statements, employment, or DTI requirements, allowing brokers to deliver more prime loans to more credit-worthy borrowers like small business owners, gig workers, retirees, and anyone else searching for home financing. Lender and Broker Software, Services, and Programs
Media, PA (PRWEB) May 24, 2022 -- The “TA Way” will again be on display for a national audience when Title Alliance’s Chief Strategy Officer Lindsay Smith