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The trend is fueled in part by historic homebuyer affordability challenges and rising interest rates.

While the government-sponsored enterprise’s single-family mortgages are still not performing as well as they did before the pandemic, the most recent vintages are getting there.

Some lenders and their parent companies are reconsidering their loan-channel mix and business lines as refinance volumes fall and margins shrink; others are doubling down.

United Wholesale CEO Mat Ishbia criticized his Detroit mortgage rival for recent job cut announcements in a post that has generated hundreds of responses.

The brokerage will eliminate its minimum housing price policy, which determines who can access its services, among other changes.

Also, Gateless promotes its own to chief technology officer, Panorama Mortgage Group announces new brand, Lower appoints its first CFO and more.

Bankers object to the Consumer Financial Protection Bureau's request on “exploitative junk fees” that produce billions in income for financial institutions, arguing that banks are compliant with statutes that require fees be disclosed to customers.

While the lender-servicer reported robust Q1 earnings, it is anticipating lower future revenue due to the tight originations environment.

The median rent in the tri-county area jumped 57% from March 2021 to March 2022, according to the latest data from realtor.com.

Almost the entire deal will issue notes through a senior-subordinate capital structure repaying principal sequentially, instead of on a modified sequence.