In FY23, the organization posted an operating “profit” of $4.11 million.

The big question for all mortgage professionals: Are we in for some type of mini refi boom?

Analysts at Stifel believe agency MBS currently offer better value than investments in corporate bonds.

Subservicing balances continue to grow, but the sector is facing challenges. One of the biggest: UWM is becoming a servicer, not a customer. (Includes data table.)

The Mortgage Bankers Association was not immune from the cyclical nature of residential lending in 2024. Then again, its financial results could have been a lot worse.

MSR sales have been sluggish this summer as bid prices spiked. But a rate cut by the Fed may cause values to wane, at least on 6% to 7% loans.

Earlier this month, MIAC came to market with a $987.0 million package of mortgage servicing rights backed by healthcare facilities.

In a statement, Cook denied legal wrongdoing, saying she would not resign from the Fed.

One warehouse manager described the current state of the business as one that is “normalizing.”

After analyzing Powell’s comments, Deutsche Bank forecasted a 25-bp reduction in September.