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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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As mortgage rates near 8%, loan originators target first-time homebuyers 

Oct 04, 2023By

Loan originators can no longer rely on move-up buyers. As mortgage rates approach 8%, they are pivoting to first-time homebuyers with FHA, VA loans and down payment assistance programs.