Mar. 30: U/W, AE, LO Jobs; AI/LOS, Commercial Products; USDA, FHA, VA Changes; Interviews with Lennar’s Escobar and Vesta’s Yu
The U.S. housing market now shows roughly 50% more sellers than buyers, creating a record‑high mismatch of about 630,000 units, while the median owner‑occupied home is 43 years old, highlighting an aging inventory. Mortgage lenders are accelerating AI adoption, with Vesta’s AI‑driven communication platform aiming to improve conversion across calls, texts, and emails. Commercial lending is poised for a boom as $1.5‑2.7 trillion of CRE debt matures, prompting brokers to tap new lead programs offering $2,500‑$25,000 commissions per deal. Meanwhile, FHA, VA and USDA programs are undergoing rule tweaks to streamline underwriting and expand access.
Mar. 19: Cap. Mkts Tech, U/W, LO Jobs; Broker, Correspondent, Subservicer Oversight Tools IMB Cost Still $11k per Loan; STRATMOR...
The FHFA announced it will drop certain homeowners‑insurance requirements, which should lower costs for lenders and borrowers. CrossCountry Mortgage disclosed an agreement to acquire Summit Funding, expanding its presence on the West Coast and underscoring ongoing consolidation in residential lending....