Compliance, Servicing, Mortgage Reset Tools; February and March Events and Education

Core Insights - The U.S. housing market is experiencing a shift as borrowers with historically low mortgage rates are beginning to refinance or sell their homes, indicating a change in market dynamics [1] - The housing market is expected to gradually recover, with various factors such as mortgage rates, Fed policy, and demographic demand influencing this momentum [2] - FINOFR has successfully reset over $1.33 billion in mortgages in the last 120 days, benefiting from recent Fed rate cuts and maintaining a high mortgage retention rate [3] - Independent Mortgage Bankers (IMBs) can enhance profitability by adopting strategies similar to larger lenders, such as retaining servicing in-house, which has shown to increase profitability by approximately 50% [4] Market Trends - The housing market is showing signs of thawing after years of elevated mortgage rates and tight inventory, with expectations for a measured recovery in 2026 [2] - Recent Fed rate cuts have led to a surge in mortgage reset activity, with FINOFR completing 1,139 transactions without additional operational strain [3] - The profitability of IMBs is closely tied to their ability to retain servicing, which creates recurring revenue and strengthens borrower relationships [4] Regulatory and Compliance - Covius Compliance Solutions has released a report detailing the regulatory landscape for the mortgage industry, highlighting evolving compliance expectations and the CFPB's modified role [5] Upcoming Events - Various industry conferences are scheduled, including the Independent Mortgage Bankers Conference and the Optimal Blue Summit, focusing on networking and education for mortgage professionals [9][11]