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
Wells Fargo earnings top expectations weeks after CEO departs
Apr 12, 2019Wells Fargo, the biggest U.S. bank originator of mortgages, had its best first quarter in five years without much help from its home-loan business. Look for that to change next quarter, based on the mortgage pipeline Wells Fargo reported. The San Francisco bank said it had $32 billion of unclosed first-lien mortgages that will go on its books in the current quarter, compared with $24 billion it reported for the same period a year earlier.
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Non-QM lending on the rise with two more lenders expanding their offerings
Apr 11, 2019 -
loanDepot top 25 originator surrenders California MLO license over allegations of mortgage misconduct
Apr 10, 2019 -
New American Funding expands into non-QM lending
Apr 09, 2019 -
Quicken Loans Arena in Cleveland changes name to Rocket Mortgage FieldHouse
Apr 09, 2019 -
Loan originator licensing rules are about to change: Here’s what you need to know
Apr 09, 2019 -
Dimon: U.S. “desperately” needs mortgage reform, claims $1 trillion in missed mortgages
Apr 04, 2019 -
Recent decline in mortgage rates leads to a leap in jumbo refinances
Apr 04, 2019 -
Plaza Home Mortgage expands non-QM lending for mortgage brokers
Apr 02, 2019 -
Bank of America aims to boost homeownership, will give borrowers up to $10,000 to close a loan
Apr 02, 2019 -
Zillow is now a mortgage lender, launches Zillow Home Loans
Apr 02, 2019
