Origination

Consumer advocates are protesting specific risk-weighting changes affecting borrowers with lower down payments. Also, a broader increase in requirements may discourage depository holdings of servicing.

The owner of Tri-Emerald Financial Group claimed unregistered securities it was offering would increase in value by more than tenfold before an eventual Nasdaq listing.

All of the company's fair value gains in its portfolio during the quarter were wiped out by a larger loss from hedging activities.

The top 40% of loan officers typically account 83% of a company's production, according to an analysis.

Some have moved to appeal their property assessments, with counties in Maryland like Dorchester, Somerset and Garrett seeing the rate of homeowners petitioning home values jump 987%, 827% and 454%, respectively in 2023.

The association thinks this could simplify and manage the costs of two new pending credit requirements by allowing companies to add the one that's been through a price hike second.

While the monthly amount decreased by only a few dollars in June, it was the first decline since late last year, according to the Mortgage Bankers Association.

There's divergence of opinions between one more rate hike this cycle and no further actions.

Purchases of new single-family homes fell 2.5% to an annualized 697,000 pace after a downward revision to the prior month, government data showed Wednesday.

The growing number of financially troubled customers and servicing transfers gone wrong helped to lower the overall industry score by 6 points, J.D. Power said.