Cascade’s manufactured-home MBS deal puts focus on new originations
The deal is only the third post-crisis securitization of higher-risk manufactured housing assets, following deals in 2019 and 2020 that were sponsoredRead More…
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Why submitting payroll, bank data for mortgages is about to get easier
Major secondary market players have been testing Fincity’s technology, which is in the final approvals stage with Fannie Mae and Freddie Mac.Read More…
Windows on Arm: This is how well 64-bit emulation is working
64-bit apps on Windows on Arm are a work in progress: some are native, many work well with the new 64-bit emulation, but others will have to wait for Read More…
How these ‘Best Companies’ kept communications alive during a pandemic
Virtual events will continue to replace the large in-person gatherings for the foreseeable future, lenders in the Best Companies to Work for list say.Read More…
Redfin CEO likens housing inventory crunch to ‘Soviet-era supermarket’
The number of home listings collapsed to the lowest level on record, leaving “nearly all of the shelves empty,” Glenn Kelman said in the companyRead More…
People on the move: Feb. 26
Homepoint Financial creates chief diversity and inclusion officer position, PennyMac appoints CEO to two chairman roles and more of the latest hiring Read More…
Rocket Mortgage rides housing boom to 277% profit increase
But profitability may have peaked. Rocket reported a 4.41% profit margin on newly originated loans last quarter but told investors on Thursday to expeRead More…
Microsoft is shipping a data centre in a 40-foot container. What’s inside, and what’s it for?
Microsoft’s Azure Modular data center brings computing on the edge.Read More…
6 ways to save time using Flash Fill in Microsoft Excel
Source data won’t always come in the form you need in Excel. When that happens, consider using Flash Fill to save time and aggravation.Read More…
Why getting e-closing technology is just half the battle
The automation is more prevalent but the net adoption rate is low, the Stratmor Group found.Read More…