Underwriting

Both Flagstar and Deephaven tout the practice of sharing their market expertise with the mortgage brokers and bankers doing business with them.

The latest forecast calls for $375 billion of lending on properties with five or more units, with total commercial originations of $654 billion.

Only one company, Doma, reported improved results from the year before, but it still took a large loss for the period.

The move cancels the fee Fannie Mae and Freddie Mac would have imposed on certain loans for which the borrower's total debt exceeded 40%.

Bank turmoil caused a reduction in adjustable-rate and refinancings, but jumbo product availability actually grew in April.

Even with lower new insurance written, the six active underwriters remained profitable.

However, the 16% decline was far less than the drop in mortgage volume due to the increased share in purchase transactions.

While Freddie Mac reported the 30-year fixed rate loan increased, other data providers show that product's pricing dropped from seven days earlier.

Borrowers across all income levels and purchase price levels sought the discounts as interest rates rose past 7% last year.

Depending on the state, the range is from $1.7K to $3.7K based on loan offers made on the site.