Originations

Using digital methods also saves time for the actual closing, which also contributes to the lower costs, the Notarize study found.

The company said it would increase efforts in non-QM lending and dropped hints about further acquisitions.

United Wholesale Mortgage’s litigation could prompt regulators, including the Federal Trade Commission, to examine the contract that bars third-party originators from doing business with Rocket and Fairway.

Compounding factors of low inventory and high costs also helped lead to another decline in Fannie Mae’s Home Purchase Sentiment Index.

Pretax income in the servicing segment outpaced its loan production unit in the fourth quarter, as the company launches new branding initiatives.

Employment numbers suggest that interest in home purchases is bearing up well despite some limits on consumer spending and normalization in the mortgage market after two banner years.

Zip codes with the biggest share of children under 18 saw faster increases in house prices about two-thirds of the time, a Zillow study found.

But the company was able to increase the share of its top line that came from recurring income streams while minimizing the impact of more volatile transactional-based ones.

But the current lack of movement is likely only a temporary reprieve, according to Freddie Mac.

If approved, the new loan would unlock $120 million in badly needed funds for the sprawling Bronx multifamily complex.