UWM wants to hire 500 people in three months; First Federal Bank signs deal with BNC; and MISMO seeks members for new eHELOC working group.

The revived program means United Wholesale Mortgage will eat 2% of the home price (up to $4,000) in the form of downpayment assistance.

Relative standing among the top GSE sellers depended on how slow deliveries fell rather than how fast they rose. (Includes two data charts.)

The nonbank share of GSE servicing held steady in 2022 even as sales slipped a bit. (Includes data chart.)

In January, lenders delivered 73.1% fewer mortgages to the GSEs than a year ago, but the month-over-month drop was just 4.5% from December. (Includes two data charts.)

The nonbank share of GSE servicing peaked early in 2022. Later in the year, large banks regained some share. (Includes two data charts.)

The Michigan mortgage giant is one of several major lenders gambling that the opportunity to lower rates will attract more homebuyers.

SCOTUS declines appeal of net worth sweep case, effectively ending GSE shareholders' takings argument.

Only two major mortgage lenders — PennyMac and CitiMortgage — managed to deliver more loans to Fannie Mae and Freddie Mac in the fourth quarter than in the third. (Includes two data charts.)

Higher upfront fees and new seasoning rules on cash-out refinances make it harder for homeowners to use the equity in their homes.