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Podcast: Power House
Episode: Arch MI’s Carl Tyree on nonbank lending, forbearance and technology
Description: This week, Carl Tyree, the executive vice president, and chief sales officer at Arch Mortgage Insurance, joins the Housing News Podcast to discuss how the growth of the nonbank originator channel is impacting the housing industry.In this episode, Tyree discusses the amount of servicing volume that Independent mortgage bankers are retaining and how they’ve managed to navigate the COVID-19 pandemic.Additionally, Tyree explains how mortgage insurance companies work with lenders throughout the forbearance process and explains why the implementation of new technology has been critical for ensuring the mortgage industry’s survival.The...