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.
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Rocket bets on AI as it looks to bounce back to profitability
Feb 22, 2024Rocket Companies, the parent of Rocket Mortgage, was in the red again in 2023 as it reported a net loss of $390 million.
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CrossCountry Mortgage unveils cash-offer loan product
Feb 22, 2024 -
As the housing market bottoms out, educating the future mortgage pro becomes paramount
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Rick Arvielo on New American Funding’s acquisition strategy
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UWM sues Mortgage Solutions and its owner over EPOs, trademark infringement
Feb 15, 2024 -
DPA programs are a boon amid mounting affordability pressures
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Better launches fully digital VA loan with no minimum down payment
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Guild CEO offers details on Academy Mortgage acquisition
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CHLA wants credit bureaus to restore pricing discounts for soft credit pulls
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Office debt is stressing banks. That matters for mortgages
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Guild strikes a deal to acquire Academy Mortgage: sources
Feb 13, 2024 -
The worst for mortgages may be over, but younger borrowers still face affordability challenges
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