- Sep 16-17, 2025|San Diego, CA
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Refinance activity was up 16% from the end of February while purchase applications rose mildly, on the strength of fading rates amid larger economic woes.
March 12
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In a positive sign for the economy, headline inflation slowed in February. But the reading alone likely is not enough to break the Federal Open Market Committee out of its wait-and-see mode.
March 12
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Loan officers have said the majority of outreach from recruiters looks like impersonal "telemarketing."
March 12
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The Irvine, California-based firm reported a net loss of $67.5 million in the fourth quarter.
March 11
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The company is a leading player in the primary and secondary markets for government-backed reverse mortgages and also has been developing proprietary products.
March 11
Only 20% of the Top Producers in the National Mortgage News survey were under 40, while almost half were between 41 and 50, and 30% even older.
Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.
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The underlying prime mortgages have an average balance of $358,024, a weighted average (WA) original FICO score of 776, an original cumulative loan-to-value (LTV) ratio of 73.6%.
April 3
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UWM, embroiled in an us-or-them feud when it comes to business partners working with Rocket, terminated its subservicing and sales deals with Mr. Cooper.
April 3
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Compliance concerns prevent some lenders from moving toward development of an AI plan or policy, but hesitancy may turn out to be a poor business strategy.
April 3
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The first year of Otting's tenure as the New York lender's CEO brought substantial change, but the job isn't done. His goal: to build a powerhouse, profitable regional bank.
April 3
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Steel, aluminum, and automobiles already subject to Trump's duties will not face reciprocal tariffs. Lumber products expected to soon be hit with a tariff investigation will also be exempt.
April 2
