Origination

Changes in the Fed, including the replacement of Jay Powell as chairman, might shift the board back to a dovish economic position.

The multichannel lender plans to expand its footprint in the non-agency market as a result of the majority shareholder investment in the company changing hands.

The transaction fills in gaps in each company's capabilities for serving their customers, monetizing data for SimpleNexus, and mobile capabilities for LBA Ware.

The system is being rolled out to Motto Mortgage franchisees first and then to the broader mortgage broker market in January.

As the expiration of a national eviction moratorium puts economic pressure on low-income households, the Consumer Financial Protection Bureau is said to be considering investigating credit bureaus, debt collectors and large landlords accused of harming renters. But some argue the agency would be overreaching.

Cities in Texas and the South issued the largest number for single-family housing, with all regions seeing consistent yearly growth.

Inflation, supply chain issues and labor shortages will lead to a tightening by the Fed sooner rather than later.

The lack of inventory pushed the median housing price to double-digit annual growth for the 14th straight month, according to Redfin.

The drop over the 30-day period was in line with a large number of plan expiration dates, and occurred despite the extension of an initial filing deadline for government loans.

Earnings are up from the second quarter, but originations slip at Wells Fargo and Citi.