Origination

Northmarq CEO Jeff Weidell will be installed as vice chairman this October. After a year in the role, he is expected to be chairman-elect in 2028 and then chairman in 2029.

South and Sunbelt cities, once pandemic seller markets, now favor buyers

Regulators will award a total of $3 million to over 1,800 households after a judge penalized Home Matters USA over its mortgage relief fraud scheme.

Over three-quarters of the Wolters Kluwer Blue Chip Economic Indicators panel said the FOMC will ease eventually, but a growing number are now expecting a hike.

Contract closings rose 3.2% to an annualized rate of 4.17 million last month, according to data released Tuesday by the National Association of Realtors.

Mortgage lock volume fell 5.4% in May as rates climbed, but declining pull-throughs suggest some borrowers are reconsidering loan plans amid ongoing rate volatility, Optimal Blue found.

Originators slightly loosened credit for conventional and jumbo products in May but they've held steady after larger growth to begin the year.

The share of warehouse lenders offering funding lines and sublimits for seconds has risen to new heights according to a Mortgage Bankers Association survey.

MBA, UWM, Nexa and Pennymac offer mortgage loan originator training programs for aspiring and licensed LOs, covering NMLS exam prep, wholesale lending and loan origination skills.

Approximately 54% of homeowners looked to a second lien product to access their home's stored value in the first quarter due to the "lock-in effect."