Originations

The 30-year conforming fixed-rate mortgage is at its lowest point since the end of December, as Treasury yields are 29 basis points lower since Feb. 19.

The top five lenders have an average retail mortgage origination volume of more than $6 billion, as of the end of the fourth quarter of 2024.

The company missed analysts' quarterly forecasts on operating earnings per share due to higher mortgage servicing rights amortization and operating expenses.

While companies can use a variety of incentive programs and bonuses, businesses with staff longevity frequently rely on a more personal touch.

Purchase volume was flat last week and up just 3% compared to the same time a year ago when the market faced similar rates in the high 6% range.

The increase in refinance originations in the fourth quarter trickled down to the title insurers, which reported year-over-year gains in new orders.

Through 1stResponder+, Rate is offering a complimentary one-year accidental death insurance policy that covers the mortgage balance up to $650,000.

The real estate company's latest move leverages artificial intelligence to optimize and simplify the entire home-buying journey for consumers.

Interest-only loans, popular pre-2008, have revamped requirements and can be an option for borrowers looking for short-term lower payments, stakeholders say.

Parent company Remax is reporting growing momentum in Wemlo, its technology unit that offers processing automation for loan brokers, which hiked prices last year.