Originations

This potential transaction would be part of a broader trend of mortgage lenders and servicing players converging, such as Rocket's recent acquisition of Mr. Cooper.

The top female loan originator in the mortgage industry logged $186.5 million in dollar volume over the course of 2024.

The top five lenders had an average mortgage origination volume of more than $43 billion at the end of Q1.

Yields on the 10-year Treasury have been climbing because of the Moody's U.S. downgrade, the tax bill under debate in Congress and possible GSE reform.

The increase reflects a broader trend that rating agency analysts are watching closely as depository ties to other types of financial institutions grow.

Panelists at the Mortgage Bankers Association's conference credited investors for helping create the conditions strengthening performance of non-QM portfolios.

The contract rate on a 30-year mortgage rose 6 basis points to 6.92% in the week ended May 16, according to Mortgage Bankers Association data released Wednesday.

Increases in gross domestic product and home sales expectations compared with April are the drivers of Fannie Mae's latest mortgage outlook for 2025 and 2026.

The Mortgage Bankers Association latest forecast reflects the industry's current views on where their business is going, said Mike Fratantoni.

Mortgage brokers say hurdles more pressing than a high interest rate environment range from nationwide inventory shortages to property tax increases.