The state’s final CRA standards have some “problematic elements,” which the MBA said it had highlighted during the comment period.

Lenders continue to make bulk purchases to offset runoff in their portfolios and make up for anemic originations. However, demand for MSRs could be near a peak, according to industry analysts.

If you’re looking for signs of hope in a difficult mortgage market, a source of inspiration might be the debt values of certain lender/servicers.

A new survey shows that higher interest rates may not be the only thing stopping homeowners from moving.

Even though the mortgage market continued to struggle, Fannie Mae and Freddie Mac generated healthy profits in the first quarter of 2023 thanks to their business models.

Freedom Mortgage more than doubled its production from the fourth quarter to the first. Mike Patterson, COO of the nonbank, said the growth was driven by attractive loan characteristics.

Lenders argue that dramatic price hikes by FICO have inflated their credit score costs by as much as 500% since 2022.

What’s a mortgage CEO worth in a dicey origination market? According to an early read of proxy filings, some chief executives received nice pay packages last year, while others saw reductions.

Per loan origination losses hit a 15-year high last year. But is the worst of it over? It depends on the shop.

A new California bill that seeks to regulate the use of automated decision tools is facing strong opposition from the Mortgage Bankers Association and other trade groups.