Origination

The transaction is the second of its kind in the past six months and comes as the mortgage leaders take steps to develop document standardization that would ease electronic closings and trading of the home equity loans.

They rose 2% from a year earlier in February, slower than the 3.7% increase in January, according to data from S&P CoreLogic Case-Shiller. 

The wholesaler, which is in the process of buying Homepoint's business, in its first major product announcement introduces a buy before you sell offering.

Purchases of new single-family homes increased 9.6% to an annualized 683,000 pace last month from a downwardly revised 623,000 rate in February, government data showed Tuesday.

This and other issues related to measures that manage risk challenge participation, stakeholders told the Federal Housing Administration.

This and other issues related to measures that manage risk challenge participation, stakeholders told the Federal Housing Administration.

In an amicus brief, the trade group voiced concern over a statement recently provided by government agencies in a lawsuit involving loanDepot.

Here are the 50 most prolific mortgage originators by the number of loans they produced during 2022.

The moves include switching a $300 million servicing rights facility from failed depository Signature Bank to Flagstar Bank.

Sluggish sales, high mortgage rates and the exit of iBuyers all contributed to the larger share of properties going for less than original purchase value last month.