Origination
Staying on top of mortgage origination news may be more important right now than ever. The mortgage industry has faced more than its fair share of challenges throughout 2022, with higher than average mortgage rates leading to dwindling interest from potential borrowers. In turn, the great mortgage bank consolidation has been underway, and a number of other seismic shifts in the industry have occurred as well.
These types of changes are expected to continue through at least the first half of 2023, although there is optimism that the industry may see improvement in the second half of the year. As a mortgage origination professional, you can stay up to date on the news you need with the extensive mortgage origination coverage published by HousingWire.
Latest Posts
The average IMB lost $534 per loan in Q2, a big improvement from Q1
Aug 17, 2023Including both the production and servicing business lines, 58% of retail IMBs were profitable in Q2, up from 32% in the first quarter of 2023.
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CHLA to FHFA: please make no further pricing adjustments for ‘extended period of time’
Aug 16, 2023 -
Mortgage applications for new construction homes ticked up in July
Aug 15, 2023 -
Surviving non-QM lenders are gaining business now
Aug 15, 2023 -
Former employees sue Rocket for unpaid overtime wages
Aug 15, 2023 -
Rate lock activity declined sharply in July as rates exceeded 7%
Aug 14, 2023 -
Rocket Mortgage plans to have 500 remote LOs by the end of 2023
Aug 14, 2023 -
Better.com’s improbable IPO proposal is approved
Aug 11, 2023 -
loanDepot agrees to settle securities class action lawsuit for $3.5M
Aug 10, 2023 -
Wells Fargo’s new down payment grant program offers $10K to eligible buyers
Aug 10, 2023 -
Blend narrows losses in Q2, accelerates path to profitability in 2024
Aug 10, 2023 -
DataDigest: Tracking the jumbo downturn
Aug 09, 2023
