Origination

Contract closings rose 3.2% to an annualized rate of 4.17 million last month, according to data released Tuesday by the National Association of Realtors.

Mortgage lock volume fell 5.4% in May as rates climbed, but declining pull-throughs suggest some borrowers are reconsidering loan plans amid ongoing rate volatility, Optimal Blue found.

Originators slightly loosened credit for conventional and jumbo products in May but they've held steady after larger growth to begin the year.

The share of warehouse lenders offering funding lines and sublimits for seconds has risen to new heights according to a Mortgage Bankers Association survey.

MBA, UWM, Nexa and Pennymac offer mortgage loan originator training programs for aspiring and licensed LOs, covering NMLS exam prep, wholesale lending and loan origination skills.

Approximately 54% of homeowners looked to a second lien product to access their home's stored value in the first quarter due to the "lock-in effect."

Better and Coinbase plan to make the product available to qualified borrowers nationwide by this summer. Interested customers can currently apply to a waitlist.

Mortgage lenders play a crucial role in divorce. Experts explain how to navigate decree language, assumability and tax pitfalls before it's too late.

The companies now anticipate generating around $14 billion in annual origination volume, making them one of the biggest lenders in the country.