High interest rates are helping demand for mortgage assumptions. A start-up is helping homebuyers connect with sellers that have low-interest-rate mortgages.

The CFPB’s top mortgage priority is to finalize a rule setting new standards for loss mitigation, according to an agency official.

The founder of the shuttered non-QM lender Sprout Mortgage has shifted to personally brokering loans. Also, a class-action lawsuit against Sprout was complicated by a bankruptcy filing.

Mortgage lenders and consumer advocates are increasing their requests to have the National Flood Insurance Program reauthorized.

The business of subservicing loans for others continued apace in the second quarter with modest growth. The good news: Delinquencies are low but some lenders that source the loans are going bust. (Includes data chart.)

Consumer advocates, trade groups and federal agencies are urging banks to help close the racial wealth and homeownership gaps by committing to launch more special purpose credit programs.

Profit margins are tight in wholesale but that isn’t stopping EPM owner Eddy Perez from converting his national shop into a table-funding-only producer. Will it work? We’re about to find out.

A judge determined that Change Lending will be able to provide loans as a certified CDFI until at least December.

When it comes to net revenue, MBA had a strong showing in fiscal 2022. But the trade group remains worried about what industry consolidation might do to its numbers going forward.

The severe correction in residential originations is causing turmoil. Not only are nonbanks closing their doors or consolidating, but so too are the warehouse funders that lend them cash. (Includes data chart.)