In a tight lending environment, lenders report success from loan products for medical professionals.

Guild’s originations unit swung to profitability in the third quarter even as originations declined. Leaders of the nonbank said strong demand from correspondent buyers prompted changes in models used for calculating the value of lock commitments and mortgages held for sale.

As promised, CMG is once again adding to its retail branch network, this time in New England, thanks to its onboarding of staff from Shamrock Home Loans.

In 2022, Homestar originated $2.5 billion in residential loans...

While originations and revenues sink at fintech Better, management remains well compensated, which is sure to irk suffering shareholders.

U.S. Bank's servicing-for-others portfolio fell to $232.3 billion at the end of September from $251.6 billion at the end of June.

To survive the next few quarters, lenders must continue to cut costs...

Declining volumes at large sellers in the third quarter shifted market share to small shops. United Wholesale Mortgage remained the top GSE loan seller during the quarter. (Includes two data charts.)

Chase and Wells Fargo reported a slight dip in overall mortgage originations in the third quarter of this year.

California had more than double the amount of originations by nonbanks in 2022 compared with any other state. The refi share of originations by nonbanks in California was also elevated. (Includes data chart.)