A few notes on why mortgage industry is so hard to disrupt.
Even if you haven’t heard of Sindeo, when a fintech brand like this falls, you better hear the sound because there are lessons here for all of us.
Originations Linkfest: stories I recommend today
This installment is dedicated to Quicken Loans and Cleveland Cavaliers chief Dan Gilbert ahead of a forthcoming Yahoo acquisition announcement.
Endless synergies come from pairing web’s top finance and sports destinations with country’s top mortgage company and NBA team.
Originations linkfest focused on the convergence of media and consumer lending.
[Editors Note: Rob Chrisman is on a cycling vacation this week so he’s asked some guest writers to step in on DailyBasis. Today are online lending pioneers Owen Raun & Michael Hillman.] Internet Lending Begins Just a little over fifteen years ago, with the publication of Statement of Policy 1996-1 in The Federal Register, Nick
Signs of Life In Jumbo Mortgages There are definitely signs of the ice cracking in non-agency (or Jumbo) lending. For example, folks in the biz know that Quicken Loans is the largest online mortgage lender. But in recent weeks Quicken, who is also the 4th largest FHA lender, has moved into “private-label” originations. PHH, according
Rates Up This Morning, Slow Economic Week Last week rates were moved around by economic data. By Friday rates had improved slightly, and locks appeared to be picking up a little, but then a better-than-expected employment number pushed them higher. Fortunately for mortgage rates, the spread between them and the 10-yr Treasury (still a benchmark,