Originations

But several companies have cuts pending, and overall employment remains strong enough to keep putting some upward pressure on rates.

The inventory shortage is beginning to ease, while demand is slowing due to high prices and rising mortgage rates.

A former account executive sued the company claiming it did not follow its own "Firm 40" policy.

With anticipated Federal Reserve moves already factored in, inflation and jobs data could play a bigger role in driving movement over the near term.

The largest increases in new listings were in the West and the South, in cities including Austin, Texas, and Phoenix, Arizona.

The effects on nonbanks will depend on the mix between their production and servicing operations, Fitch Ratings said.

Refinances and purchases both slowed last week, while average loan sizes registered an uptick.

The firm raised $40 million in a Series A funding round in March and recently touted a valuation of $640 million.

One loan diversion scheme was allegedly revealed by a confused consumer’s complaint with federal regulators.

Privately securitized mortgages made by these institutions have already exceeded 2021 levels, however some of the collateral lacks income verification, according to a new KBRA report.