How to gain a competitive edge through in-house servicing

Analysts in the mortgage industry are projecting that 2024 will be a better year than 2023 across the board. In a HousingWire report, analyst firm Jeffries said that they believe the worst of the current mortgage cycle is behind us, and Moody’s forecasts that the Federal Reserve will decrease rates
Read MoreGuild CEO offers details on Academy Mortgage acquisition

Guild Mortgage’s acquisition of Academy Mortgage Corp. is expected to expand the retail lender’s presence in Western states and also bring in expertise with builder products, Guild CEO Terry Schmidt said in an exclusive interview with HousingWire. With the acquisition of Academy, Guild will be onboa
Read MoreCHLA wants credit bureaus to restore pricing discounts for soft credit pulls

The Community Home Lenders of America (CHLA) wants the three major credit bureaus — Equifax, Experian and TransUnion — to restore the pricing discounts that had been in place for soft credit pulls.At the end of 2023, each of the credit bureaus announced that they were ending pricing discounts for so
Read MoreloanDepot’s Lisa Moriello talks ‘busy’ start to 2024 reverse mortgage business

As reverse mortgage industry professionals continue to look ahead into 2024 after enduring a challenging year for business in 2023, the prevailing attitude is optimistic. Recently, the president of the industry’s leading lender discussed her eagerness to go back on “offense” this year, while loan or
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