Arch MI’s Carl Tyree on nonbank lending, forbearance and technology

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 Housing News Podcast is a weekly wrap of the top news stories by HousingWire CEO Clayton Collins. Each week, HousingWire interviews financial services experts who can help make sense of the latest headlines, sponsored by our partners at Arch MI and Quicken Loans Mortgage Services.Here are links to the topics discussed: Share of mortgages in forbearance rises to 8.5% Fannie Mae, Freddie Mac forbearance rate is ‘manageable,’ Calabria says David Stevens stresses the important role of IMBs [PULSE] The value of warehouse lenders in the mortgage market