Originations

The bank ends the year with a substantially different profile from early 2024, which brought new leadership, a significant reduction to its mortgage operations and a corporate rebrand.

Mortgage originators should expect more of those interest rate dips that took place in September, but when they happen is the unknown factor, economists said.

More than half of all borrowers used discount points for mortgages that year, including two-thirds of refinance customers.

Gross profit returns fell in a range that could easily be erased on renovation, mortgage and tax charges, Attom said.

PHH Mortgage announced it will be using the San Francisco-based technology company's Mortgage Suite, including Loan Officer Toolkit and Blend Close.

President-elect Trump's victory will have a direct impact on how much the Federal Open Market Committee will cut short-term rates next year, Wolters Kluwer found.

Average rates for the 30-year fixed fell for the third consecutive week, Freddie Mac said, but the 10-year Treasury yield rose to the highest point in weeks.

Now that the legislation has been taken out of a budget bill, the Community Home Lenders of America argues for a regulatory approach to rein in trigger leads.

After Nexpoint refused to vote via its proxies at the UDF IV annual meeting, the existing directors supporting the sale to Ready Capital were declared elected.

Consumers are signing more multi-month viewing contracts with agents and requesting homeowners insurance incentives from sellers, a Homelight survey finds.

Department of Veterans Affairs-backed refinances were up 85% weekly, contributing to a busy week for the loan type.

The top five lenders have an average wholesale origination volume of more than $5 billion.

Mat Ishbia urged brokers to understand how the increases in credit score and report costs affect both them and the borrowers they serve.

But the Federal Housing Administration program was the only mortgage loan type to gain market share month-to-month as measured by rate lock percentage.

Fannie Mae's Consumer Housing Sentiment Index rose in November, continuing its steady climb and showing significant improvement compared to the same period last year.

An interest rate drop spurred an unusually high number of recently originated mortgages to prepay, and one loan type proved to be particularly reactive.

Continued reductions by the Federal Reserve in short-term interest rates should benefit mortgage volume, and thus title insurance activity, Fitch Ratings said.

Pressing items in the mortgage industry include a behind-the-scenes look at the issues plaguing USAA, a recent lawsuit at Movement Mortgage and more.

Plaintiffs want to certify a class of 119,100 minority mortgage customers who were unfairly deprived of ultra-low mortgage rates during the refi boom.

The top five lenders have an average retail mortgage origination volume of nearly $7 billion, as of the end of the third quarter.