Origination

Recent Black Knight numbers put the average retention rate at a record low for the post-crisis period that followed the Great Recession.

Employment worries and the pandemic's ongoing obstacles for home buying wore down consumer confidence in November, according to Fannie Mae.

Strong demand by buyers bidding above asking price helped push up the median resale price of single-family homes on Oahu to $872,500 in November, the second highest ever.

Jeff McGuiness is stepping into an organization that just had its best quarter ever in origination volume.

Plus: per-loan profits break a record and FHFA extends pandemic-related measures.

Even with a slight downward revision to September’s numbers, employment in the industry remained incredibly high through October as home-loan refinancing continued to surge.

Lower cure rates and possible rises in foreclosures and claims could force these companies to raise capital next year, Fitch Ratings said.

Set alight by the Fed’s low interest rates and bond purchases, the mortgage industry is on fire.

Mortgage industry hiring and new job appointments for the week ending Dec. 4.

The money lenders are making on each home loan hit another survey-record high in the third quarter, but it may not be quite as high going forward.