Upcoming Conferences and Events
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Industry News
Financial Strain Impacting Early and Mid-Stage Delinquencies
According to VantageScore’s new CreditGauge platform, mortgage loans in May were the primary cause of an increase in early and mid-stage delinquencies in all credit categories. The 30-59 Days Past Due (DPD) payment category experienced the most year-over-year rise in home loans.
June New Home Purchase Mortgage Applications Increased 8.5 Percent
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for June 2025 shows mortgage applications for new home purchases increased 8.5 percent compared to a year ago. Compared to May 2025, applications decreased by 4 percent.
Conferences and Events
CotalityConnect25
Selene Finance President, Jocelyn Martin Leano will be a panelist on Leadership Perspective and Industry Trends at the upcoming CotalityConnect25 July 28, in San Diego. Register now to learn how leading executives are pushing boundaries and driving growth as they share insights into today’s most pressing industry trends. From industry consolidation and vertical integration to the evolving role of servicers and the impact of AI, this panel will tackle the topics impacting your business. Gain leadership-level insights from your peers on where we’re headed – and how to stay ahead.
Housing Report
Bringing the Housing Shortage into Sharper Focus
The Urban Institute has published a new report entitled “Bringing the Housing Shortage Into Sharper Focus”. The analysis provides a picture of the state of the nation’s housing shortage, how supply and demand intersect with pricing and affordability, and the need for more workforce rental housing in key markets across the country.
Product News
New Servicing System Enhancement
In our continued commitment to customer service and supporting our clients, we are pleased to have launched a new system enhancement designed to elevate the experience of our customers. We’ve introduced a pre-board experience that allows our agents to assist customers before their loans are fully boarded into our system. This enhancement creates a smoother, more transparent on-boarding experience, helping customers feel confident. Another way we demonstrate commitment to servicing excellence, compliance and care across every touch point. For more information on our subservicing services, please reach out to Robert W. McKinley.
May 9, 2024
Upcoming Conferences & Events
- MBA National Secondary Market Conference: 5/19-5/20 in New York, NY MBA Conference Registration
- IMN Single Family Rental (East): 5/20-5/22 in Miami, FL IMN Registration
- IMN non-QM Forum: 6/13-6/14 in Dana Point, CA IMN Registration
Selene Celebrates MLK Day
As a company, Selene is committed to combatting social injustice through our internal practices and education programs, partnering with effective local organizations, employee volunteerism and philanthropy. Today, we remember and reflect upon Martin Luther King Jr.’s principals of racial equality and nonviolent social change and encourage everyone to act in their own communities to champion causes important to them.
Where Have Americans Moved After the Pandemic?
Western states topped the outbound migration lists as Americans departed expensive and high cost-of-living areas to head to the southeast and other, more affordable, metropolitan areas with comparative amenities.
Industry News
Demand for Riskier Adjustable Rate Mortgages Hits Highest Level of the Year
When mortgage rates rise, consumers look for any way to lower their monthly payments, and that often leads them to adjustable-rate mortgages.
Industry News
How Financial Services Can Move Past Experimentation with Generative AI
One of the reasons why generative AI is creating such excitement is that it promises to reinvent businesses across all industries, financial services included. But banks and insurance companies have, over many decades and in many areas, remained inefficient.
Charitable Events
Selene is proud to be a Sponsor for the Fisher House Golf Classic supporting Veterans and their families directly through the Fisher House Foundation program dedicated to improving the lives of those who have sacrificed for our freedoms.