To gain ground in a tough origination market, Rocket has set its sights on purchase-mortgage borrowers while United Wholesale is focusing on margins.

The GSEs’ endorsement of attorney opinion letters in lieu of title insurance has the title industry concerned.

The FHA gained share in the first-time buyer market during the fourth quarter even though its average loan amounts were up slightly. Rising mortgage rates led to higher debt burdens across the market. (Includes four data charts.)

It’s been four months since FHFA approved new credit scoring models for loans delivered to the GSEs. While the transition wasn’t going to be quick, industry participants are still waiting on a timeline.

The data firm’s purchase of fintech Roostify takes place in the shadow of the controversial ICE/Black Knight merger attempt.

More M&A talk is hitting the market. One possible buyer is Movement Mortgage, the nation’s 24th largest home lender. Meanwhile, Steve Adamo has parted ways with Embrace Home Loans.

Third-party originators typically do better in strong purchase-mortgage markets, which was apparent again in the fourth quarter of 2022. (Includes six data charts.)

By booking a higher provision for credit losses in the third quarter, Freddie set the stage for improved financial performance in the fourth.

Most Fannie Mae and Freddie Mac policies regarding loan eligibility have returned to pre-pandemic standards.

Bulk servicing packages continue to hit the open market as the first quarter draws to a close. Meanwhile, Mr. Cooper puts a number on its 2022 layoffs, burying the disclosure in an SEC filing: 1,200.