Originations

The final version of the amended rule, like the original proposal, makes fair lending claims tougher to prove; but it does soften language that otherwise might have allowed mortgage companies to use algorithms to prove nondiscrimination.

Mortgage industry hiring and new job appointments for the week ending Sept. 4.

The technology company arrived at this percentage by mapping federally declared disaster areas to the projects it helps lenders manage.

Mortgage rates remained relatively flat this week, as yields for the benchmark 10-year Treasury spiked at the start of the period before dropping, according to Freddie Mac.

Nearly half of the second-quarter volume came from its existing customers.

But federal elections and the pandemic make projections on the sustainability of industry profitability especially tricky.

The pandemic drives home the point that without those funds being siphoned off, the recent fee hikes would not be necessary.

Mortgage applications fell for the third consecutive week, likely because those borrowers motivated to refinance have already done so, according to the Mortgage Bankers Association.

The decision is the latest development in an ongoing dispute between the shuttered company and its regulator.