Nonbanks are making money once again, which could pave the way for new nonbank IPOs. Also, some of the IPO class of 2020/2021 are trading above their out-of-the-gate prices.

MBA predicts three Fed rate cuts this year as nonbanks return to profitability for the first time in two years.

Although mortgage “franchise” deals have been few and far between this year, branch network sales have been a different story. One reason: Employees at those networks feel they might be better served under a more aggressive boss, especially with lower rates expected.

The nonbank misled borrowers into believing that its cash-out refinance loans were less expensive than their existing mortgages.

Industry experts at a MISMO conference discussed the challenges of forecasting climate risk and its impact on mortgage performance.

The court said the CFPB has authority to issue the rule that will establish HMDA-like reporting standards for loans to small businesses.

Though supportive of DPA programs to boost housing affordability, some industry participants raised concerns about the agenda working.

Flexibility will be key for the industry moving into the November election and beyond, according to speakers at an MBA conference.

Although many mortgage banking companies lost money last year, the Mortgage Bankers Association remained in the black.

Some mortgage executives might be too optimistic about the prospects for originations growth following an interest rate cut later this year.