The commission structure for real estate agents looks likely to change as the National Association of Realtors and brokerages face charges of price fixing. The move is unlikely to have a major impact on mortgage lenders.

An uptick in home sales is helping lenders to have a rosier outlook for 2024, but the mortgage lock-in effect could put a cap on expected growth.

Katie Sweeney, CEO of the Association of Independent Mortgage Experts, is stepping down to lead AIME offshoot Broker Action Coalition.

Banks, nonbanks and consumer advocates have major concerns about a proposal to adjust capital requirements for large banks. The proposal would touch on mortgage lending, MSRs and warehouse lending.

According to an early read, banks suffered double-digit home lending declines in the final lap of 2023 even though rates fell by at least 80 bps.

Fannie Mae has identified a significant number of appraisals conducted by unlicensed appraisers using stolen identities.

The lender said it is working with forensic experts and law enforcement to address the cybersecurity incident.

Consultant Paul Hindman may have said it best: “Hiring, then firing is just too painful.” The good news is that thanks to lower rates and the spring homebuying season approaching, originators soon may be hiring again. The bad news: It won’t be huge.

A cyberattack this week forced loanDepot’s servicing portal to go offline and its online loan applications process to stop working.

Appraisers are supposed to adjust the value of comparable properties to account for home price appreciation. FHFA found that most either don’t make these time adjustments or make them too small.