TMC BENCHMARK JUNE DATA: sold loan production is up 2% mom, but new applications are down 6%
Preferred Partner Headlines: Week of July 31st
Top Headlines:Black Knight: Serious Delinquent Mortgages Tumble Curinos Perspective: Fed Hikes Again, Banks Dig In For Higher For LongerCelebrate Summer with Sizzling Deals on matchbox & Ignite Solutions Before Summer Ends & 20% Off Expires!CCIG (Cairn Advisors) Employee Benefits Division Sees 25% YOY Expansion in 2023Growing for Good, spotlight on American Pacific Mortgage featuring Candor Technologies’ Loan […]
Preferred Partner Headlines: Week of July 24th
Top Headlines:Candor Technology: Origination Data Shows Average New Borrower Monthly House Payment of $2,331 in May; Up 20% YOYDenim Social Launches New AI-Assisted Feature, Social SidekickLake Michigan Credit Union Adopts Total Expert to Fuel Member Engagement & Drive Marketing AvailabilityBlack Knight: Mortgage Locks Edge Lower in June; Credit Availability Continues to TightenTrustEngine Case Study, featuring PRMG: The Holy […]
Preferred Partner Headlines: Week of July 10th
Top Headlines: Black Knight: Past-Due Mortgages Approach Record Lows, Serious Delinquencies Continue to ImproveFannie Mae Economic & Strategic Research Group (ESR): Recession A Matter of When Not IfPHOENIX Market Snapshot – May 2023National MI: Download Today the NextGen 2023 Women’s Homebuyer & 2023 Gen Z Homebuyer ReportsOptimal Blue, a division of Black Knight: Weekly Market Update […]
TMC BENCHMARK MAY DATA: Production and Efficiency Up, Paired With Lower Costs For Your POS and LOS System
Numbers this month remained mostly flat for our network of lender members with a few exceptions: Closed loan units increased by 23% in May when compared to the month prior. Within that, lenders saw closed purchase loans stay the same and refinances also showed no changes in May. Refinances stayed at 9% of all closings in May. Here’s the refinance share we’ve seen in TMC Benchmark through 2022 and […]
Preferred Partner Headlines: Week of June 26th
Top Headlines:What Fannie Mae is Doing About Climate Risk’s Impact on MortgagesPer Freddie Mac: Mortgages to Stay Above 6% Through Year-EndSimpleNexus, an nCino company, Launches Native Integration with Black Knight’s Empower LOSiEmergent Case Study: Breaking Down Barriers to Homeownership – First Commonwealth Bank Launches SPCP with iEmergent ExpertiseFinLocker Announces Partnership with TransUnion & Leading Credit […]
Preferred Partner Headlines: Week of June 19th
Top Headlines: Curinos Perspective: Fed Pauses, But What Lies Ahead is Less ClearFinLocker Study Shows Homeownership A Top Goal of Gen Z After Reducing DebtTake MGIC’s Annual LO Survey by June 30th & Get First Access to the Report When ReleasedCapacity & Total Expert Announce Partnership to Provide AI-Enabled Productivity Solutions for Financial InstitutionsBlack Knight Originations Mortgage […]
Preferred Partner Headlines: Week of June 12th
Top Headlines:Fannie Mae: Perceived Homebuying, Home-Selling Conditions Diverge Further in MayFreddie Mac Rolls Out Affordable Housing Program for Native AmericansOptimal Blue, a division of Black Knight: Weekly Market Update – 6/7/23 Thought Leadership:OptiFunder CEO, Michael McFadden: What Mortgage Leaders Need to Know About AIleadpops, by rebel IQ EVP of Growth, Jason Frazier: Fire Up Your […]
Preferred Partner Headlines: Week of June 5th
Top Headlines:Freddie Mac Updates Income Assessment Tool to Use Digital PaystubsFinLocker’s FinTalk May Series of Contributors on the Importance of Financial Education AdvocacyFreddie Mac Expands Income Data for UnderwritingIntroducing SocialCoach’s Video CatalystFannie Mae’s Encomic & Strategic Research Group Predicts Modest Recession Still Likely As Credit Conditions TightenDownload ActiveComply’s 2023 Profile Compliance GuidePHOENIX Market Snapshot – April […]
TMC BENCHMARK APRIL DATA: Data stays consistent over the month of April
Numbers this month remained mostly flat for our network of lender members aside from a few key drops. TMC lender members saw a $3 drop in their Cost Per Closed Loans for CRM systems. And while Government closed loans increased in April, refinances hit yet another all-time low. TMC saw staff efficiency drop in April […]