Originations

The gain on sale in the retail channel dropped by more than half annually, as the wholesale and joint venture channel endured an even tighter squeeze due to competitive pressures

While the hot market’s actual and forecast home price gains were key drivers of Fannie’s results, they also present a challenge to the affordable housing mission that it’s working to address.

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The REIT also reveals plans to expand in the single-family rental market with a new brand and target of $5 billion in acquisitions over five years.

New customer growth and increased adoption of a digital workflow by mortgage lenders resulted in better than expected results for the Intercontinental Exchange unit.

A change in the relationship between fixed and adjustable loans has increased some consumers’ interest in the latter market.

The bank produced $1 billion less in originations while its gain on sale fell 49 basis points from the first quarter.

Such applications have declined on an annual basis for the past three months, but overall weekly numbers increased due to a jump in refinances amid plummeting rates.

Less than a year after a Series C capital raise, the title insurer formerly known as States Title is about to complete a merger with a special purpose acquisition company.

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