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McCargo will succeed Teresa Bryce Bazemore at what the former sees as a "transitional, pivotal moment" for the Federal Home Loan bank.

Test your knowledge of the biggest mortgage headlines of the week. No. 2 pencil not required!

The top five producers had an average non-QM loan volume of nearly $94 million for 2023.

AI is eliminating some of the day-to-day drudgery of a mortgage professional, giving them space to create more success in their career.

The top five producers had an average dollar volume of more than $99 million in jumbo production.

Technology is helping carriers to better manage their risk portfolios when it comes to underwriting and managing weather-related property risks.

Recent economic data have shown inflation stubbornly above the Fed's 2% target, putting rate cuts in jeopardy. Lauren Saidel-Baker, an economist with ITR Economics, parses the FOMC meeting, Chair Powell's press conference and takes a look at future policy.

A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.

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

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

The top five loan officers produced an average of 628 loans in 2023.

The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.

The five states with the lowest property taxes have an average effective real-estate tax rate of 0.44%.

The Federal Home Loan Bank System stepped up advances by 37% or more to Silicon Valley, Signature and First Republic banks ahead of their failures, the GAO says in a post-mortem on last year's banking crisis. The findings add to the debate about whether the system should be a lender of last resort.

Those who raced ahead of the pack of loan originators last year went the distance by offering exceptional customer service, catering to niche pockets of demand in the market.

Lumber prices climbed higher for the first time since July, but prospects for single-family construction to grow look promising based on early-year data.