The mortgage industry is facing challenging times, thanks, in part, to the Fed’s constant rate hikes. Fighting inflation is a laudable goal but lenders wonder how badly the housing-finance system might be damaged.

Correspondent originators are better at finding purchase-mortgage business, and that’s why the channel’s market share rose in the second quarter. Brokers saw the biggest decline. (Includes six data charts.)

For the most part, subservicing growth has been slow, thanks to booming MSR sales and some non-traditional servicing owners shifting strategies. Cenlar, though, remains the nation’s number one subservicer. (Includes data chart.)

Last month new home sales fell to their lowest level since January 2016. Trouble ahead, perhaps?

Thanks to the spike in MSR sales this year, reviews of the underlying collateral are backing up, causing delays in portfolios being transferred to new owners. Implications?

Ginnie spreads over Treasuries have widened in the wake of the newly announced capital and liquidity requirements for nonbank servicers.

The merger of the two trade groups will spur more robust policy advocacy for smaller originators, according to industry insiders.

Based on insider information about a then-undisclosed data breach at Equifax, Lawrence Palmer and Jerrold Palmer through accomplices had shorted shares of the company.

Residential finance can be cyclical, but what inning is the correction in? Investors are willing to buy mortgage company debt...but at a price.

Agency seller/servicers have a new set of net worth requirements to adhere to. The good news: The final language is close to what was originally proposed.