Underwriting

State housing finance agencies had a resurgent fiscal 2023 and the recent fed funds rate reduction could have a mixed impact on them, Fitch Ratings said.

CV3 Financial Services, started by long-time business purpose lending executive William Tessar, just celebrated one year in business and topping the $1 billion mark.

While still historically low, some of the changes in the first quarter appeared "troubling" and warranted extra scrutiny, according to Aces Quality Management.

Trended credit data that the industry's increasingly required to use could help mortgage firms better forecast delinquencies and prepayments, a new study finds.

OceanFirst's own press release points out the federal government has obtained $120 million in relief in similar cases since 2021.

More "Airbnb-style" rental property loans are making their way into non-qualified mortgage securitizations and could they be acting differently from the traditional non-owner occupied loans, a Standard & Poor's report asks.

The lynchpin to this is what Rocket management calls its "Super Stack" artificial intelligence technology.

Mortgage originators are adding more refinance-specific products, as rate locks continued to rise in August.

Homestar Financial began winding down operations last fall, but its capabilities as a Ginnie Mae issuer was attractive for Irvine, California-based OCMBC.

But the purchase business that brings in three times the fee size as refinancings will be the driver of the improvement for the publicly traded title underwriters.