Brad Finkelstein
Originations Editor at National Mortgage News
Editor at Arizent
Originations editor at @NatMortgageNews - @Arizent_co, past president @NYFWA, former amateur baseball umpire, NY Rangers fan
Articles
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1 day ago |
nationalmortgagenews.com | Brad Finkelstein
Mr. Cooper's first quarter net income was affected by a $82 million mark-to-market hit on its mortgage servicing portfolio driven by falling interest rates through the period. The average earnings per share estimate was $2.92, with a high of $3.24 and a low of $2.58, according to Yahoo Finance.
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2 days ago |
nationalmortgagenews.com | Brad Finkelstein
Nearly 75% of Americans say homeownership is now out of reach for the average person but when it comes to who's responsible, opinions are deeply divided along generational lines. According to a new survey by Clever Real Estate, millennials were most often blamed for the housing crisis (31%), followed closely by baby boomers (27%). Those two generational buckets put the blame on each other; 35% of millennials selected boomers as the cause, with just 21% picking their own generation.
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2 days ago |
nationalmortgagenews.com | Brad Finkelstein
Almost exactly a year after it was announced, Total Expert has launched its two-way integration with Dark Matter's Empower loan origination system. With the tie-in, leads, contract details, updates and more from the Total Expert customer engagement technology offering are automatically loaded into Empower.
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3 days ago |
nationalmortgagenews.com | Brad Finkelstein
Recent purchases by Dream Finders Homes bring the company deeper into the title and mortgage lending universes. Dream Finders has closed on its purchase of Alliant National Title; terms of the deal were not disclosed. Dream Finders previously owned an agency, Golden Dog Title and Trust. The title company deal was announced in October and follows last month's purchase of the remainder of Cherry Creek Mortgage. In July 2024, Dream Finder acquired the outstanding interest in Jet Home Loans.
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1 week ago |
nationalmortgagenews.com | Brad Finkelstein
After two years of net production losses, independent mortgage bankers ended 2024 in the black on their originations; however, for smaller lenders, it was a different story, the Mortgage Bankers Association said. In another piece of good news, net servicing income also increased year-over-year. It is only the third time since 2018 both sides of the business made money in the same year.
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10-year Treasury is up 19 bps on the day now even as DJIA plays follow the bouncing ball Refi boomlet likely as mortgage rates start to fall https://t.co/yXjUVhJRLj
FHA cancels policy that allows consumers to challenge an appraisal. Lenders can still do their own challenge, but is it a step back for fairer valuations? Fair lending laws still apply. https://t.co/W8e3KPJWje
Friday is the deadline for the @NatMortgageNews Top Producers survey mortgage loan officer submissions. Don't be left out! More information at https://t.co/GRsvxpbsXV
