Originations

The FCC's one-to-one consent rule will make it mandatory for lenders to obtain consumer consent to receive robocalls and texts.

A total of 158,152 individuals requested an MLO license as of Jan. 1, data from CSBS shows.

Even though senior home values are still near the all-time high, other data shows fewer are turning to reverse mortgages to ease a potential financial crunch.

A surge in overall employment added to upward pressure on the 10-year Treasury yield, likely making the industry think twice about its cautious payroll growth.

Mortgage lenders increased their offerings of adjustable-rate and cash-out refinance loans in December as rates rose, the Mortgage Bankers Association said.

The 30-year fixed rate mortgage continues to close on the 7% mark. With political uncertainty and the U.S. economy remaining strong, it could keep going up.

Metros with more jobs for every new home permitted ranked highly on the list, while average home prices were a smaller factor.

The real estate investment trust also announced changes to its Sequoia correspondent platform as it seeks to elevate the unit's branding in 2025.

Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business as borrowers have struggled to pay down costly debt.

Purchase and refinance activity declined last week as buyers shied away from the market over the holidays.