United Wholesale Mortgage is offering prime jumbo borrowers a 2-1 or 1-0 temporary rate buydown.  Meanwhile, A&D Mortgage announced temporary 3-2-1- and 2-1 rate buydowns.

Depositories grew their first-lien portfolios during the third quarter. JPMorgan was the only bank among the top 10 to report a sequential decline. (Includes data chart.)

Three of the four mortgage securitizations brought to the market this month include large proportions of investment-property loans.

A recent ruling by a California appeals court tied to default interest charges by lenders and servicers could have national implications, according to industry attorneys.

Why spend the money suing competitors? As a deterrent...

The FHA has clarified when individuals can perform multiple roles in a single FHA-insured transaction. Some believe it’s a market-altering move.

As purse strings tighten, the quick-service restaurant space is expected to do well given the value and convenience it offers customers. But the same cannot be said for the casual-dining sector, S&P analysts say.

DBRS Morningstar said inflation and high interest rates will make it hard for borrowers to pay off CMBS loans that mature in the next two years.

The consent order covers unfair and deceptive acts and practices in mortgage servicing, auto loan servicing and maintenance of deposit accounts.

Trade groups say small and mid-sized independent mortgage bankers don’t need more federal supervision because they pose no systemic risk.