Origination

As it gets ready for more competition from VantageScore, the company also did not comment on reports of yet another impending price hike.

Mortgage bonds get hit hard when there's growing uncertainty about the direction of rates, due to the election, because their returns depend so much on it.

The capital markets platform will allow its investor clients to compare non-qualified mortgage rate sheets to their competitors for free.

A trade group's estimates point to another quarter of profitability in housing finance, but originations have limits and loan performance is under pressure.

Over 100 originators have returned to Loandepot's retail channel. The mortgage shop is also planning to beef up its VA lending segment with a new hire.

Three-fourths of jumbo borrowers are hanging onto mortgage rates at or below 4%.

About 48% of mortgaged residential properties fell into the equity-rich category, slightly down from a peak of 49.2% reported in the quarter prior, per Attom's report.

California's Department of Financial Protection and Innovation is requiring registration by mid-February of debt settlement firms, earned wage access providers, private secondary education financing and student debt relief services.

While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business this fall.