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fromwww.housingwire.com
2 weeks ago

CHLA details IMB priorities for a Fannie, Freddie public offering

The Community Home Lenders of America (CHLA) began circulating an independent mortgage bank (IMB) sign-on letter on Wednesday. The document outlines key policy recommendations for a potential exit from conservatorship by Fannie Mae and Freddie Mac, which would protect IMBs and smaller lenders in particular. CHLA is inviting all IMBs to sign on to the letter by completing a form on its website.
Real estate
#mortgage-industry
fromwww.housingwire.com
2 months ago
Startup companies

How midsize lenders are surviving the mortgage squeeze

Kind Lending has achieved profitability and competitive efficiency despite a challenging mortgage market.
The company's disciplined cost structure contrasts with many other independent mortgage banks.
Industry-wide rising costs and inflation challenge smaller lenders, making profitability difficult.
fromwww.housingwire.com
3 months ago
Artificial intelligence

How Narrow AI is transforming mortgage servicing and cash flow management

Mortgage transactions are complex, leading to cash flow discrepancies.
The dominance of Independent Mortgage Banks complicates tracking for cash flows.
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