Originations

Plummeting returns add to indications that investors may become more selective in home purchases.

Recent remarks from Federal Reserve Chair Powell suggest more upward movement is ahead.

New home equity conversion mortgage endorsements slowed in April, but remained almost 50% higher than the level from one year ago.

But total volume is still 53% below last year’s level, while Fannie Mae found the dollar value of refinances down by over 70%.

Depreciation risk in parts of New Jersey, Illinois and California is growing, according to a first quarter analysis by Attom Data Solutions.

The conflicting analyses of automated valuation models highlight a challenge lenders could face in deciding whether to use them to determine racial disparities in home evaluations.

Many cities with higher shares of list price drops also appeared on a list of the most overvalued areas in the country.

While compliance specialists will be in demand, loan producers will see their roles change to encompass responsibilities that include more marketing and client development.

The mortgage REIT announced its name change in conjunction with the internalization of management activities.

But even with bidding wars on the decline and inventory increasing, listing prices continue to creep up.