There was nearly $2 trillion in agency mortgage servicing with coupons over 6% at the end of the third quarter, a bounty of refinance business if mortgage interest rates decline. (Includes two data tables.)

Most industry participants don’t think the GSEs have the tools necessary to accelerate construction by big homebuilders.

The lawsuit alleges that the lenders used Optimal Blue’s software to engage in a price-fixing scheme.

Certain mortgage companies are comfortable using AI voice bots to interact with borrowers, seeing gains in efficiency. Others are using the technology in non-customer-facing activities.

Chase increased its production by 3.7% during the third quarter, helped by correspondent lending. BofA posted an even more modest increase and production was down at other large banks.

Fifth Third believes mortgages are key to establishing long-term customer relationships that include multiple financial services.

Cross-industry coordination will be key to increasing housing affordability, according to industry participants.

FHFA Director Bill Pulte has repeatedly ignored requests for information from Sen. Elizabeth Warren, D-MA, preferring to communicate primarily through his personal X account.

Prospective homebuyers in urban areas where the mortgage share of home sales is low may have to resort to riskier financing options.

Senate passes the ROAD to Housing Act; layoffs at HUD, CDFI Fund halted; MBA’s annual conference missing some federal officials.