Origination

Still, Redwood Trust lost $100 million on a GAAP basis for the period, a result of its previous decision to pivot to a scalable operating model in mortgages.

The uninspiring mortgage numbers come a week after the Mortgage Bankers Association downgraded its yearly origination forecast over economic uncertainty.

Home prices rose at the slowest pace in nearly two years, signaling a deeper shift as concerns about the economy and mortgage rates dampen consumer demand

Mortgage tech firms are seeking to take advantage of the expected growth of HELOCs with new platform integrations and enhancements of existing tools.

Judge Sparkle Sooknanan granted the National Fair Housing Alliance a temporary restraining order which requires HUD to resume distribution of enforcement funds.

The Senate Banking Committee passed a housing package that includes funding for manufactured and other kinds of housing, but also includes an appraisal provision that mortgage bankers oppose.

The company identified opportunities and challenges amid market disruption in the quarter and revealed expansion in some mortgage-related business lines.

Pushing back on critics, VantageScore's Chief Strategist and Chief Economist says VantageScore 4.0 boosts competition and predicts risk better than FICO.

As high interest rates make refinancing impossible for many homeowners, increasing numbers of them are turning to HELOCs and home equity loans for cash.

The company was looking to get back into compliance on Nasdaq, but the recent run-up in its stock price has management hitting the pause button.