News and Insight for Financial Institutions

Mortgage Industry

Name: The Servion Group
Address: 500 Main Street, New Brighton, Minnesota, 55112, US
Telephone: 651-631-3111

Fannie Mae Now Incorporates Rental Payment History Into Mortgage Applications

Fannie Mae has decided to factor in on-time rental payments when borrowers apply for a mortgage.

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FHA Changes Student Loan Calculation in Attempt to Boost Homeownership

Student loan borrowers have struggled to afford homes, and FHA is responding.

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HUD Announces Plan to Increase Black Homeownership

HUD and civil rights organizations have announced the 3by30 program to increase Black homeownership.

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Borrower Options After COVID-19 Mortgage Relief Ends

Servion's loan servicing department explains options for borrowers exiting COVID-19 relief programs.

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Fannie Mae and MBA Mortgage Forecast for the Remainder of 2021

Fannie Mae and the MBA forecast record purchase origination volume and a refi cool down as the year goes on.

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New Partners and Expanded Relationships: January- March 2021

Please join us in welcoming Servion Mortgage's newest partners!

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Key Takeaways From the Guest Speakers at Servion's Annual Meeting

The Servion Group's recent Annual Meeting had 3 excellent speakers who shared their thoughts with our owners. Now we share them with you.

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Reminder: New URLA is Now in Effect

The new URLA became mandatory on March 1, 2021.

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Are You Ready for the New URLA Starting March 1?

Fannie Mae and Freddie Mac will require everyone to use the new Uniform Residential Loan Application starting March 1, 2021.

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Top 4 Post-COVID Priorities for Community Financial Institutions

Here's what our mortgage partners say are their top priorities for after COVID.

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