Unlike some banks that reported earlier, the subsidiary of PlainsCapital Bank saw its gain on sale decrease from the second quarter. https://www.nationalmortgagenews.com/news/margins-compress-primelendings-3q-results
NextGenMortgage
Judge reverses Change Lending’s decertification for non-QM loans
The U.S. The Treasury Department's program allows lenders to employ more flexible underwriting to serve more underserved borrowers. https://www.nationalmortgagenews.com/news/judge-reverses-change-lendings-decertification-for-non-qm-loans
The 20 worst cities for first-time homebuyers
The bottom five cities in the ranking have an average total score of 30.48. https://www.nationalmortgagenews.com/list/the-20-worst-cities-for-first-time-homebuyers
Foreclosure numbers fall in July as starts decrease
Repossessions registered both monthly and annual increases, though, according to Attom. https://www.nationalmortgagenews.com/news/foreclosure-numbers-fall-in-july-as-starts-decrease
Cross-selling is key for ICE’s success post-deal, it says
MSP users who are not Encompass customers are a particular target and vice versa, ICE Mortgage Technology chair Ben Jackson said. https://www.nationalmortgagenews.com/news/cross-selling-is-key-for-ices-success-post-deal-it-says