Origination

The top five producers had an average dollar volume of VA and USDA loans of more than $35 million in 2023.

While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.

Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.

New single-family home sales increased 8.8% to a 693,000 annual pace last month, the fastest since September, government data showed Tuesday.

Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.

Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.

Better's home equity loan product can be originated in a week or less, the company says.

The top five producers had an average dollar loan volume of more than $140 million in 2023.

But the number of properties whose mortgage is more than 90 days late is at its lowest since 2006, ICE Mortgage Technology said.

Industry leaders expressed a high degree of satisfaction with technology in use, but also said a product's cost is the most important criteria for them when partnering with vendors, according to Fannie Mae research.