Originations

An increase in loan-limit size and the rapid growth of home equity fueled interest in reverse mortgages in January.

An investor alleged the independent mortgage bank failed to disclose the revenue hit from a refinance dip at the time of its initial public offering.

Executives speak on the uncertainty created by the Russia-Ukraine war and Federal Reserve announcements.

These are the first partnerships the Encompass software creator has made with outside providers and more such integrations are expected, company leadership said.

Purchase lending grew despite headwinds in mortgage rates and rising home values.

Many highly ranked mortgage firms support professional training and certifications, but they warn that they won’t support anyone who tries to game the system like some loan officers and providers have.

The legislation President Biden was expected to sign on Friday heads off an array of potential disruptions for the industry.

Net income declined by over 40% for both the quarter and year due to smaller gain-on-sale margins, but its servicing financials picked up.

Despite the current upheaval in pricing on the secondary market, the company sees its future in non-qualified mortgage production.

Zeenat Sidi will lead mello, which will develop lending products and house the parent company’s other mortgage-related businesses.