Originations

A trade group's estimates point to another quarter of profitability in housing finance, but originations have limits and loan performance is under pressure.

Over 100 originators have returned to Loandepot's retail channel. The mortgage shop is also planning to beef up its VA lending segment with a new hire.

Three-fourths of jumbo borrowers are hanging onto mortgage rates at or below 4%.

While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business this fall.

Sales of new single-family homes increased 4.1% last month to a 738,000 annualized rate, government figures showed Thursday.

While recent homeowners overwhelmingly support digital innovation that leads to faster, streamlined transactions, AI is "still not a trusted system for many borrowers," Cloudvirga said.

Contract closings decreased 1% from a month earlier to a 3.84 million annualized rate, according to figures released Wednesday from the National Association of Realtors.

U.S. mortgage applications for both home purchases and refinancing dropped last week to the lowest levels since August, hobbled by a recent surge in mortgage rates.

A pair of mortgage technology providers are bringing out tools to increase customer retention rates among servicers and originators.

The complaint focused on 41 employees which allegedly accounted for $260 million in annual production volume.

The affordability crisis has moved to the center of national politics, posing complicated challenges for both Democratic nominee Kamala Harris and Republican Donald Trump as they try to woo voters in battleground states with promises to address housing costs.

Fannie Mae didn't change its estimate for total originations this year.

A strong economy drove mortgage rates higher in the past week but it's still an advantageous market for consumers in some ways, according to Freddie Mac.

The lender claims the offering is the only one of its kind in today's mortgage market.

After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a new stock ticker symbol in late October.

Backflip, a fix-and-flip and residential transition loan originator, added $184 million in new capital from equity and debt transactions, its second raise of the year.

Rising rates have apparently erased the optimism stemming from last month's Federal Reserve interest rate cut.

The Consumer Financial Protection Bureau and Department of Justice issued a consent order against Wisconsin-based nonbank mortgage originator Fairway Independent Mortgage over redlining allegations. Fairway is the country's fifth-largest mortgage originator by volume.

Reversing a year-ago trend, the U.S. economy and plateauing interest rates led to credit tightening in September, the Mortgage Bankers Association said.

Hispanic-owned houses are worth 11.9% less than those owned by non-Hispanic White households, compared with 12.4% in December 2021, a recent high in the gap, Zillow said in a blog post