Originations

Critical defects increased for the second consecutive three-month period, with appraisal-related errors nearly doubling, Aces Quality Management said.

The Federal Housing Administration wants to make it easier for mortgage applicants to use rental income received from boarders in the underwriting process.

Both purchases and refinances came in higher, with government-backed lending providing momentum, the Mortgage Bankers Association said.

In the aftermath of the election, a bipartisan group of House members are the latest to ask the FHFA to put the owner's title insurance waiver pilot on hold.

Those born between 1997 and 2012 will go from making up a scant 6% of today's market to a 25% share by 2028, and mortgage lenders need to be ready to serve them.

The Federal Housing Administration reported a 96 basis point increase in its capital ratio for fiscal year 2023, and lenders want more changes to the program.

Homeowners in recent years strayed from cash-out refinances and home equity loans despite their greater financing power.

Private-label securitization volume increased 75% this year versus 2023; conditions are right for that to continue, KBRA said.

Mortgage rates have stopped the run of increases following the September Fed meeting but consumers are not likely to notice.

Lower rates during the period helped independent mortgage bankers make money on their originations but they posted losses on servicing.

The Trump victory is considered a positive for changing the status of Fannie Mae and Freddie Mac, but what would that do to interest rates?

Applications broke a seven-week losing streak, but uneven rates muted any significant gains.

A steep mortgage servicing rights valuation change hurt earnings which included greater adjusted net income and total origination volume.

While the latest data indicates ongoing demand, changes in the share of locks by category show consumers trying to adapt to market conditions, according to a report from Optimal Blue.

The annual J.D. Power survey found last fall's rise in rates put the mortgage industry in a transition period that affected satisfaction, but that has rebounded as of late.

U.S. military veterans and active duty personnel have four mortgage industry participants looking to enhance their ability to take advantage of their benefits.

Private mortgage insurers are having a strong year so far, although most had flat business in the third quarter, industry results show.

The majority of bigger, rated nondepositories will start the year with leaner operations. Opportunities are narrower for smaller players and vary by channel.

Three of the four largest title insurers were profitable in the third quarter; First American's loss should set it up for future gains, its execs said.

Origination volumes grew across nearly all sectors of commercial real estate on both a quarterly and yearly basis, according to the Mortgage Bankers Association.