Space Coast Credit Union's first securitization, composed of prime auto loans, should perform well compared to its competitors, according to rating services.

With the cost of credit reports rising, many lenders have begun increasing their use of cheaper soft pulls for borderline borrowers. However, lenders say credit bureaus are raising the price for those as well.

Subservicing volume declined during the third quarter, which might explain some of the recent consolidation in the space.

It’s unclear whether loans that have gone into forbearance post-pandemic will be eligible for new repurchase alternatives.

When it comes to warehouse finance of nonbanks, one lender’s exit could be another’s opportunity for future growth, at least that’s what executive Kevin Mitzit of Wintrust is hoping for.

U.S. Mortgage Insurers President Seth Appleton is encouraging FHA to focus on keeping its Mutual Mortgage Insurance Fund healthy.

A proposal from the Federal Communications Commission could sharply limit lead generation activity. Meanwhile, the CFPB apparently can’t do much about trigger leads and legislation in Congress hasn’t moved.

LoanNex reported an increase in non-QM pricing scenarios in October as borrowers are more willing to lock loans in the current interest rate environment.

The FHFA increased the baseline conforming loan limit by 5.6% for 2024, while new research finds increasing conforming loan limits impacts home prices and loan volumes.

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