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Even after posting production losses in two of four quarters last year, independent mortgage bankers made $443 on every loan originated during 2024.
April 17 -
The 30-year fixed rate mortgage average rose 21 basis points this week, lagging other indicators, which are all now lower than seven days ago.
April 17 -
Ligation by the Ohio attorney general claims UWM has turned brokers in its network into retail loan officers who solely work for the company.
April 17 -
Housing starts in the US fell in March by the most in a year, as weak demand from high prices and mortgage rates gives builders little confidence to break ground.
April 17 -
Clear regional differences appeared in the average tax amounts owed across the U.S., with residents of one state seeing five-figure sums, Attom said.
April 17 -
Robert Wagnon is retiring and sold his 75% share to long-time mortgage executive Andrina Valdes, while Paulina McGrath remains as co-owner and president.
April 16 -
Banks ceded their market share of home finance following the Great Recession. Will the current regulatory environment make them more involved players?
April 16 -
The highly volatile interest rate environment will actually result in higher refinance mortgage volume than previous forecast for 2025 and 2026.
April 16 -
US homebuilder confidence barely rose this month on a pickup in current sales, though demand expectations stumbled to a more than one-year low and prices of construction materials are climbing on the heels of higher tariffs.
April 16 -
Starting April 22, mortgage brokers will be able to access Rocket Pro's loan pricing, interest rates and product eligibility, the company announced.
April 16