Sentences with phrase «originate more loans»

«Clearer rules from the government regarding future lawsuits and buybacks of Fannie and Freddie loans could encourage banks to use their massive cash holdings to originate more loans,» he says.

Lenders then replenish cash reserves so they can originate more loans.

So you can truly originate more loans, lower costs, reduce time to close, and make smarter business decisions.

Ellie Mae's technology solutions enable lenders to originate more loans, reduce origination costs, and shorten the time to close, all while ensuring the highest levels of compliance, quality and efficiency.

See why mortgage lenders of all shapes and sizes trust us to help them originate more loans, lower costs, reduce time to close, and make smarter decisions.

So you can truly originate more loans, lower costs, reduce time to close, and make smarter business decisions.

Connect with our executives, leaders, and customers to see how our innovative digital mortgage solutions can help you originate more loans, lower costs, reduce time to close, and make smarter decisions.

The industry's most trusted Digital Mortgage Solution for originating more loans, lowering costs, and reducing time to close.

Not exact matches

While banks aren't likely to charge rates that high for the loans originated through their partnerships, the rates are likely to be higher than what they offer for more traditional commercial loans, some financial experts say.

From the report: «Many lenders also lowered the minimum credit score required to receive a private student loan so that they could originate and then sell off more loans.

Under the new changes, «small creditor» — now defined as institutions with less than $ 2 billion in assets originating fewer than 500 first - lien mortgages per calendar year — would now apply to a 2,000 - loan annual origination limit, effectively easing the path for more banks and credit unions to comply with the ability - to - repay rule.

It has originated over A$ 6 billion worth of loans, served over 37,000 customers, and completed more than 24 securitizations in Australia.

The company has originated more than $ 40 billion in credit products including credit cards, personal loans, mortgages, automotive financing, and student loan refinancing.

Although it doesn't have the best reputation in comparison to smaller lenders, partially due to the high volume of loans and customers using the service, Wells Fargo originated more than $ 1 billion in mortgage loans in Utah, making it an option worth considering.

An unsecured term loan may not be originated for any applicant who has originated or been declined for an unsecured term loan with BBVA Compass within six months of the date of the new application or who currently has two or more active unsecured term loans with BBVA Compass.

Since 2013, the company has originated over 120,000 VA loans — more than all but 4 other lenders.

Since 2013, the company has originated over 120,000 VA loans — more than all but 4 other lenders.

Federal student loans originate from the Department of Education (DOE) who then loan the money to the students, but Private Student Loans originate from common banks including Chase, Charter One, Wells Fargo, Bank of America, RBS Citizens, Union Federal Savings and there are lots more, but these banks are called the «Originators&raloans originate from the Department of Education (DOE) who then loan the money to the students, but Private Student Loans originate from common banks including Chase, Charter One, Wells Fargo, Bank of America, RBS Citizens, Union Federal Savings and there are lots more, but these banks are called the «Originators&raLoans originate from common banks including Chase, Charter One, Wells Fargo, Bank of America, RBS Citizens, Union Federal Savings and there are lots more, but these banks are called the «Originators».

Some are costs associated with originating the loan, and others cover things like prepaid taxes and homeowners insurance, inspection fees and more.

When you originate a loan to hold it, you are far more careful about credit quality.

While these lenders may be approved to originate your FHA loan, some loan agents are more knowledgeable and up to date on the latest FHA loan products than others.

The industry peaked between 2007 and 2009, when more than 100,000 loans were originated for each of those years.

Fortunately, the recent modernization of conforming loan limits have also affected loans originated by FHA approved lenders — thus more than leveling the playing field, and making FHA loans even more competitive.

As a result, some pools of loans originated during the period have default rates of 50 % or more.

There is strong evidence that the riskiest, worst performing mortgages were funded through the «shadow banking system» and that competition from the shadow banking system may have pressured more traditional institutions to lower their own underwriting standards and originate riskier loans.

As a result, the cost of originating and funding loans is lower, providing more competitive rates to borrowers and a faster approval process.

All loans are much more difficult to originate, process, and underwrite.

Secondary Mortgage Market The place where primary mortgage lenders sell the mortgages they make to obtain more funds to originate more new loans.

NHRP - eligible loans include subprime, Pay - Option ARM and prime - quality two - year hybrid ARM loans originated by Countrywide on or prior to January 1, 2009, if the amount of principal owed exceeds the current property value by at least 20 percent and the loan is 60 days or more past due.

The federal government originates more than 90 % of all student loans.

As the number of mortgages originated / insured goes up, it FHA needs more capital to back those loans, all other things equal.

For one, by selling the mortgage loans they originate, the lenders obtain a fresh infusion of cash that they can use to make more mortgages.

But other mortgage experts pushed back on the idea that a digital mortgage that uses automated verification of a borrower's assets and income is more risky than a home loan originated by a smaller institution that may rely on intangible factors.

Of the 102,886 loans originated in the year to October 15th of the last year, only 383 (0.37 %) have defaulted or been charged off while 699 (0.68 %) are more than 30 days past due.

These changes align FHA with Fannie Mae and Freddie Mac and have potential to increase the number of mortgage brokers eligible to originate FHA - insured loans while providing for more effective oversight of brokers by FHA - approved lenders.»

Amid growing concerns about FHA reserves falling below legally required levels, FHA is preparing for more problems as its mortgage loans originated during 2007 and 2008 are in or will soon enter the most risky period for foreclosure.

According to the Mortgage Bankers Association's National Delinquency Survey, over 20 percent of subprime ARMs were seriously delinquent in the fourth quarter of 2007, and over 14 percent of all subprime mortgages were seriously delinquent.2 Data available on privately securitized subprime loans also show that loans originated in 2005 or later have become seriously delinquent much more quickly than loans originated in prior years.

More than 20 percent of these loans originated in 2005 and 2006 are seriously delinquent, while more than 13 percent of those originated in 2007 are in similar trouMore than 20 percent of these loans originated in 2005 and 2006 are seriously delinquent, while more than 13 percent of those originated in 2007 are in similar troumore than 13 percent of those originated in 2007 are in similar trouble.

Other investors are signing up for Lending Club and other peer - to - peer opportunities; Lending Club recently announced that its platform had originated more than $ 3 billion in personal loans.

DRB / Laurel Road has originated more than $ 2 billion in refinanced student loans, which makes it one of the largest lenders in the student loan space.

Unlike Lending Club, which operates a marketplace lending platform that matched people who have money to lend with people who want to borrow money, Upgrade will originate its personal loans through more traditional means.

The volume of originated mortgage loans fell by more than 1 million between 2016 and 2017, marking a 12.4 % annual drop.

Among other requirements, the loan must have been originated on or before May 31, 2009, and the homeowner can't have more than 20 percent equity in the property.

Upstart began operations in 2014 and has since originated more than $ 700 million in loans.

Both Freddie Mac and Fannie Mae, which guarantee the majority of home loans originated by mortgage lenders in the United States, are debuting replacement programs for HARP, programs designed to make refinancing possible even for those owners who owe more on their mortgage loans than what their homes are worth.

Many lenders also lowered the minimum credit score required to receive a private student loan so that they could originate and then sell off more loans.

Lenders are not able to easily sell off the student loans they originate, so they have more «skin in the game» when it comes to the borrower's ability to repay.

Securitization — originating loans to sell to others can be far more profitable than holding them on balance sheet.

The secondary market serves this purpose by 1) buying the originated loans to provide a continuous, stable supply of money to lenders and 2) lending credibility to the MBSs as investments to encourage stock market investors to invest in MBS's so more money can be available for lending.

But here's where correspondent lending gets interesting: to make sure they have enough money to originate new loans to new buyers, correspondent lenders will sell most of their loans, through investors, to «mortgage aggregators» like Fannie Mae and Freddie Mac (more on Fannie and Freddie coming up!).