A former loan originator in the wholesale business is pondering getting back into the market as a loan officer after being gone for three years. Grapevine users share their opinions on current volume, the future of interest rates, and the prospect of making money down the line. Find out more
Four new mortgage acquisitions show how companies in home finance are prioritizing advanced technology in what has turned into the year of consolidation.
On Aug. 14, over 30% of the loans sent to Fannie Mae and Freddie Mac from each company were scored using VantageScore 4.0.
About 73% of potential buyers intend to purchase within the next year, up slightly compared to the first quarter, according to a Veterans United survey.
After losing money on production in most quarters between 2022 and 2024, independent mortgage bankers have achieved five consecutive quarters in the black.
So far, annual home lending growth is on track to slow, but not stop, with some positive developments surfacing amid broader challenges.
The overall defect share saw the largest jump in four years, as changes in mortgage rates brought a shift in volume mix, according to ACES Quality Management.
