Time to review your LO roster and make some of them free agents?

Servicing bids are off their highs for the year, but the situation could be temporary. As originations wane in the quarters ahead, nonbanks could flood the market with more auctions.

Data from multiple listing services show that the housing inventory shortage is acute, with closed and pending home sales outpacing new listings.

According to new research paper, nonbanks use their MSRs to help fund operations in a rising rate environment, resulting in stronger originations in comparison to banks.

Starting next year, investors and other industry stakeholders will have a more granular view of the capital status of Fannie and Freddie.

The manual describes when flood insurance is mandated and when exemptions are allowed, among other issues.

In addition to higher rejection rates, older mortgage applicants also face higher interest rate spreads, according to new research from a Fed economist.

How do you know when a mortgage cycle has reached its nadir? When originators produce loans at a loss. We’re not there yet but we could be close. Meanwhile, just because a lender announces a stock buyback that doesn’t mean it will happen.

The refi share in the latest measurement came to 32.3%...

Among nonbanks offering HELOCs, NewRez is hardly alone...