Originations

Only a few dozen mortgage firms could likely afford the $7 million ad for this year's big game, a marketing veteran said.

The wholesale giant meanwhile is suing four partners for selling loans to Rocket Mortgage and Fairway Independent Mortgage Corp., in violation of its 2021 decree.

Fannie Mae is implementing a new prohibition for traditional valuations and addressing the possibility of the National Flood Insurance Program lapsing.

While the Freddie Mac survey reported just a 1 basis point increase from last week, Zillow's tracker found a 30 basis point rise in the 30-year fixed, more reflective of what happened in the bond market.

The added revenue from servicing plus the data and analytics segment helped to improve the quarter-to-quarter results at the mortgage technology behemoth.

Views on mortgage rates and job security outweigh the pessimism about affordability and the economy, Fannie Mae found.

Markdowns on its MSR portfolios drove the company into the red, even as originations and servicing operations both saw profits.

While refinances shot up, purchase lending saw a second weekly pullback according to the Mortgage Bankers Association.

A look at Home Mortgage Disclosure Act data of similarly situated conforming applicants also finds some lenders' own comments for the rejection doesn't match up with the reason given, the Federal Reserve Bank of Minneapolis said.

The majority of users are looking for new credit lines and others want to improve their scores. Credit monitoring by consumers may be a good indicator of both, Transunion found.