Originations

But the 25 percentage point quarter-to-quarter gain does not change the fact that existing homes for sale remain scarce, the TrustEngine report found.

Gateway First Bank, a former nonbank home lender, rode the pandemic era's mortgage wave to No. 1 on American Banker's latest list of top-performing banks based on full-year 2022 data. Now it has to cope with the housing market slowdown.

With the appointment, interim leader Bill Emerson will take over the role of president and chief operating officer, while Bob Walters announced his retirement.

Originators said they appreciate the easy sign-up and are optimistic after the social media app's rapid growth.

The new regulations could increase the influx of non-agency mortgages the REIT has seen since the banking crisis spurred some depositories to shed residential assets.

Consumer advocates are protesting specific risk-weighting changes affecting borrowers with lower down payments. Also, a broader increase in requirements may discourage depository holdings of servicing.

All of the company's fair value gains in its portfolio during the quarter were wiped out by a larger loss from hedging activities.

The top 40% of loan officers typically account 83% of a company's production, according to an analysis.

The association thinks this could simplify and manage the costs of two new pending credit requirements by allowing companies to add the one that's been through a price hike second.

While the monthly amount decreased by only a few dollars in June, it was the first decline since late last year, according to the Mortgage Bankers Association.