Roughly 85% of the loans are 30-year FRMs...

At one point, Selitto was Better's president, a title now held on an interim basis by CFO Kevin Ryan.

In January, the GSEs took in a significant volume of mortgages with balances greater than the baseline conforming loan limit for 2021. Note: A number of lenders had given themselves a head start on 2022 loan limits.

An improving economy made it possible for the mortgage giant to generate $5.10 billion in credit-related gains in 2021.

The mortgage fintech revealed nine-month results but where’s 4Q21? Hard to say. Bottom line: More red ink is expected.

The FHA said its multifamily portfolio has proven to be consistently resilient to significant COVID-19 impacts, and temporary underwriting requirements were no longer needed.

Acting Comptroller of the Currency Michael Hsu believes updated CRA standards should reflect changes in the business of banking, particularly the increased use of mobile and internet delivery channels.

A great time to sell mortgage servicing rights? Indeed. Meanwhile, Home Point has hired ServiceMac to be its third-party loan processor...

The year-over-year drop in production was almost across the board, with nearly 80% of the top 100 sellers showing declines in January...

As one veteran manager characterized it: “It is what it is.”