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
Guild still eyeing acquisitions as profits falter in Q2 2022
Aug 05, 2022Guild Mortgage’s second-quarter earnings suggest that a high share of purchase loans won’t necessarily be enough to protect lenders from the most challenging and volatile mortgage market in years. They’ll have to cut costs and grab opportunities as they emerge.
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Rocket Mortgage’s profit drops dramatically in Q2 2022
Aug 04, 2022 -
Ocwen earnings down amid higher rates, spreads
Aug 04, 2022 -
Real estate brokerage Radius unveils mortgage-lending arm
Aug 04, 2022 -
Movement hires two Fairway executives to boost sales team
Aug 03, 2022 -
Servicing business carries Pennymac in Q2 2022
Aug 03, 2022 -
FoA cuts workforce amid company restructuring, market downturn
Aug 02, 2022 -
Rithm Capital posts $3M loss as it “right-sizes” mortgage business
Aug 02, 2022 -
Guaranteed Rate Affinity sues divisional manager for causing ‘mass departure’
Aug 01, 2022 -
UWM rolls out another jumbo ARM product
Jul 28, 2022 -
Pennymac Financial cuts another 32 jobs in California
Jul 28, 2022 -
U.S. House passes remote online notarization bill
Jul 28, 2022
