Originations News from National Mortgage News

While Sunbelt markets were more likely to see softening property values, the Northeast saw growth continue, according to Intercontinental Exchange.

New limits for forward commitments add to indications the secondary mortgage market is watching builder partnerships with home lenders closely.

While refinances are behind the latest increases, the pace of purchase activity may be a stronger indicator of where the housing market sits.

Rising home prices and softening sales offer a mixed view of a market that some say is shifting to favor buyers.

The Department of Housing and Urban Development reiterated it has withdrawn a number of FHA mortgagee letters related to appraisals.

The terms cover various aspects of the application and closing process that mortgage lenders may charge consumers a fee for performing when producing a loan.

Synergy One Lending's CEO, Steve Majerus, is warning recruiters that if they do not stop spreading lies about his firm, the mortgage lender will take action

The newest addition to the Panorama group of companies aims at offering opportunities to first-time home buyers through wholesale and correspondent channels.

The government-sponsored enterprise has reportedly added a new vendor to a test in which it buys certain loans without title insurance or attorney opinion letters.

The 30-year fixed mortgage rate rose for the first time in six weeks, driven by Friday's strong jobs report and renewed uncertainty around tariffs.

A team of 16 joining Union Home Mortgage's Cincinnati branch closed 996 units and funded more than $260 million in 2024.

Growth in conventional originations at U.S. banks came with the unexpectedly rapid rise of 30-year fixed interest rates in 2022, Federal Reserve researchers found.

Poor credit is a barrier for many Black homebuyers, blocking them from mortgages and contributing to racial gaps in homeownership.

While still remaining relatively bullish on the sector because of its strong performance year-to-date, all five companies' stock outlook is at "market perform."

Both government-sponsored enterprises also are tightening rules around condo and co-op loans in buildings that have been involved in insolvency proceedings.

Capital One closed the deal to buy the credit card provider in May and as part of the review process, decided to exit its home equity lending business.

The 10 basis point decline in the 30-year fixed mortgage was the most since March and the first time rates are below 6.7% since April, Freddie Mac said.

Nonbank payrolls rose incrementally during the homebuying season as home-loan borrowing costs trended lower and a housing regulator sought to influence Fed policy.

Kevin Wall abruptly left his job at one of the largest title underwriters to head up the nation's fifth largest holding company in the field.

The market for buy-before-you-sell financing Flyhomes helped pioneer has developed to include new entrants, but it also is seeing sluggish buyer demand.